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Rajnandgaon District Central Co-Operative Bank Ltd Bundeli Rajnandgaon Chhattisgarh MICR CODE

Find MICR Codes for Rajnandgaon District Central Co-Operative Bank Ltd Bundeli Rajnandgaon Chhattisgarh

Bank
State
District
City
Branch
Address

MICR Code	491853528
Bank	Rajnandgaon District Central Co-operative Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bundeli
Contact	7744-223620
Bank Details	Rajnandgaon District Central Co-operative Bank Ltd Bundeli RDCB0000034

Location	Bundeli, Rajnandgaon
City	Bundeli
District	Rajnandgaon
State	Chhattisgarh
Pincode
Country	IN
Address	Bazar chowk bundeli

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.

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Bundeli (491853528)

How does MICR code 491853528 for Bundeli 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 491853528 of Rajnandgaon District Central Bank, Bundeli branch makes the system almost error free and faster. Use of Rajnandgaon District Central Bank MICR codes for Bundeli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Rajnandgaon District Central Co-operative Bank Ltd are available with micr code -

>>Bundeli

MICR code for Rajnandgaon District Central Co-Operative Bank Ltd Bundeli

Rajnandgaon District Central Co-Operative Bank Ltd MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Rajnandgaon District Central Bank MICR code for Bundeli 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. 491853528 is the MICR code of Rajnandgaon District Central Co-Operative Bank Ltd for Bundeli branch. MICR code for Bundeli 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 Rajnandgaon District Central Bank Bundeli is presented in the table alongside.

Use of Rajnandgaon District Central Bank MICR code for Bundeli branch in bundeli

The MICR code 491853528 is used in RBI cheque clearing process to identify the branch Bundeli and Rajnandgaon District Central Bank 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 Rajnandgaon District Central Co-Operative Bank Ltd is typically in either of these two font’s: E-138 and CMC-7.