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Rajasthan Marudhara Gramin Bank Bawalwara Udaipur Rajasthan MICR CODE

Find MICR Codes for Rajasthan Marudhara Gramin Bank Bawalwara Udaipur Rajasthan

MICR Code
Bank Rajasthan Marudhara Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bawalwara
Contact
Bank Details Rajasthan Marudhara Gramin Bank Bawalwara RMGB0000533
Location Bawalwara, Udaipur
City Bawalwara
District Udaipur
State Rajasthan
Pincode
Country IN
Address Post- bawalwara via- kherwara district - udaipur raj
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 0 for Bawalwara branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 0 of RMGB, Bawalwara branch makes the system almost error free and faster. Use of RMGB MICR codes for Bawalwara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Rajasthan Marudhara Gramin Bank are available with micr code -

>>Bawalwara

MICR code for Rajasthan Marudhara Gramin Bank Bawalwara

Rajasthan Marudhara Gramin Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. RMGB MICR code for Bawalwara is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 0 is the MICR code of Rajasthan Marudhara Gramin Bank for Bawalwara branch. MICR code for Bawalwara branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for RMGB Bawalwara is presented in the table alongside.

Use of RMGB MICR code for Bawalwara branch in bawalwara

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bawalwara and RMGB bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Rajasthan Marudhara Gramin Bank is typically in either of these two font’s: E-138 and CMC-7.