Rajasthan Marudhara Gramin Bank Bundi Sameedhi Rajasthan MICR CODE

Find MICR Codes for Rajasthan Marudhara Gramin Bank Bundi Sameedhi 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 Sameedhi
Contact -
Bank Details Rajasthan Marudhara Gramin Bank Sameedhi RMGB0001183
Location Bundi, Sameedhi
City Bundi
District Sameedhi
State Rajasthan
Pincode 323801
Country IN
Address Sameedhi, teh.nainwa, 323801
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 Sameedhi 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, Sameedhi branch makes the system almost error free and faster. Use of RMGB MICR codes for Sameedhi 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 -

>>Sameedhi

MICR code for Rajasthan Marudhara Gramin Bank Sameedhi

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

Use of RMGB MICR code for Sameedhi branch in bundi

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