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Rajasthan Marudhara Gramin Bank Loonkaransar Bikaner Rajasthan MICR CODE

Find MICR Codes for Rajasthan Marudhara Gramin Bank Loonkaransar Bikaner Rajasthan

MICR Code
Bank Rajasthan Marudhara Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Loonkaransar
Contact
Bank Details Rajasthan Marudhara Gramin Bank Loonkaransar RMGB0000198
Location Loonkaransar, Bikaner
City Loonkaransar
District Bikaner
State Rajasthan
Pincode
Country IN
Address Sadar bazar, loonkaransar
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.

Search Rajasthan Marudhara Gramin Bank MICR Codes in bikaner

You can search through MICR Codes of Rajasthan branches in loonkaransar of District bikaner in Rajasthan State by using the search box or you can browse through the table using the conrols at the bottom.

How to find MICR codes for Rajasthan Marudhara Gramin Bank in loonkaransar?

Rajasthan Marudhara Gramin Bank loonkaransar MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From RMGB MICR codes list for loonkaransar, one can further search by branch name specified in the table. You can find MICR codes for all Rajasthan Marudhara Gramin Bank loonkaransar branches.

RMGB MICR code in loonkaransar

Rajasthan Marudhara Gramin Bank MICR code is a character recognition technology used by banks in the processing of cheques. RMGB MICR code for loonkaransar branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Rajasthan Marudhara Gramin Bank branches in loonkaransar, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Rajasthan Marudhara Gramin Bank MICR code for loonkaransar branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Rajasthan Marudhara Gramin Bank loonkaransar branch, sprinted 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. Thus MICR code for RMGB loonkaransar branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Rajasthan Marudhara Gramin Bank MICR codes for loonkaransar branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!