Rajasthan Marudhara Gramin Bank Ajmer Loharwara Rajasthan MICR CODE

Find MICR Codes for Rajasthan Marudhara Gramin Bank Ajmer Loharwara Rajasthan

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MICR Code	-NA-
Bank	Rajasthan Marudhara Gramin Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Loharwara
Contact	-
Bank Details	Rajasthan Marudhara Gramin Bank Loharwara RMGB0001041

Location	Ajmer, Loharwara
City	Ajmer
District	Loharwara
State	Rajasthan
Pincode	305601
Country	IN
Address	Via nasirabad, loharwara, teh ajmer, 305601

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 Loharwara 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, Loharwara branch makes the system almost error free and faster. Use of RMGB MICR codes for Loharwara 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 -

>>Loharwara

MICR code for Rajasthan Marudhara Gramin Bank Loharwara

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 Loharwara 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 Loharwara branch. MICR code for Loharwara 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 Loharwara is presented in the table alongside.

Use of RMGB MICR code for Loharwara branch in ajmer

The MICR code 0 is used in RBI cheque clearing process to identify the branch Loharwara 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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