Rajasthan Marudhara Gramin Bank Baran Chhipabarod Rajasthan MICR CODE

Find MICR Codes for Rajasthan Marudhara Gramin Bank Baran Chhipabarod Rajasthan

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MICR Code
Bank Rajasthan Marudhara Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chhipabarod
Contact -
Bank Details Rajasthan Marudhara Gramin Bank Chhipabarod RMGB0001603
Location Baran, Chhipabarod
City Baran
District Chhipabarod
State Rajasthan
Pincode 325221
Country IN
Address Chipabarod, 325221
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 Chhipabarod 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, Chhipabarod branch makes the system almost error free and faster. Use of RMGB MICR codes for Chhipabarod 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 -

>>Chhipabarod

MICR code for Rajasthan Marudhara Gramin Bank Chhipabarod

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 Chhipabarod 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 Gramin Bank for Chhipabarod branch. MICR code for Chhipabarod 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 Chhipabarod is presented in the table alongside.

Use of RMGB MICR code for Chhipabarod branch in baran

The MICR code 0 is used in RBI cheque clearing process to identify the branch Chhipabarod 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 Gramin Bank is typically in either of these two font’s: E-138 and CMC-7.

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