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

Find MICR Codes for Rajnandgaon District Central Co-Operative Bank Ltd Ghumka 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 Ghumka
Contact 7746-288960
Bank Details Rajnandgaon District Central Co-operative Bank Ltd Ghumka RDCB0000003
Location Ghumka, Rajnandgaon
City Ghumka
District Rajnandgaon
State Chhattisgarh
Pincode
Country IN
Address Near bus stand ghumka
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 491853501 for Ghumka 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 491853501 of Rajnandgaon District Central Bank, Ghumka branch makes the system almost error free and faster. Use of Rajnandgaon District Central Bank MICR codes for Ghumka 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 -

>>Ghumka

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

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 Ghumka 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. 491853501 is the MICR code of Rajnandgaon District Central Co-Operative Bank Ltd for Ghumka branch. MICR code for Ghumka 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 Ghumka is presented in the table alongside.

Use of Rajnandgaon District Central Bank MICR code for Ghumka branch in ghumka

The MICR code 491853501 is used in RBI cheque clearing process to identify the branch Ghumka 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.