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

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

MICR Code
Bank Rajnandgaon District Central Co-operative Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gendatola
Contact 7745-258310
Bank Details Rajnandgaon District Central Co-operative Bank Ltd Gendatola RDCB0000016
Location Gendatola, Rajnandgaon
City Gendatola
District Rajnandgaon
State Chhattisgarh
Pincode
Country IN
Address Bazar chowk gendatola
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 491853514 for Gendatola 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 491853514 of Rajnandgaon District Central Bank, Gendatola branch makes the system almost error free and faster. Use of Rajnandgaon District Central Bank MICR codes for Gendatola 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 -

>>Gendatola

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

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 Gendatola 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. 491853514 is the MICR code of Rajnandgaon District Central Co-Operative Bank Ltd for Gendatola branch. MICR code for Gendatola 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 Gendatola is presented in the table alongside.

Use of Rajnandgaon District Central Bank MICR code for Gendatola branch in gendatola

The MICR code 491853514 is used in RBI cheque clearing process to identify the branch Gendatola 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.