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

Find MICR Codes for Rajnandgaon District Central Co-Operative Bank Ltd Vasdi 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 Vasdi
Contact 7744-223620
Bank Details Rajnandgaon District Central Co-operative Bank Ltd Vasdi RDCB0000042
Location Vasdi, Rajnandgaon
City Vasdi
District Rajnandgaon
State Chhattisgarh
Pincode
Country IN
Address Near bus stand vasdi
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 491853107 for Vasdi 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 491853107 of Rajnandgaon District Central Bank, Vasdi branch makes the system almost error free and faster. Use of Rajnandgaon District Central Bank MICR codes for Vasdi 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 -

>>Vasdi

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

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 Vasdi 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. 491853107 is the MICR code of Rajnandgaon District Central Co-Operative Bank Ltd for Vasdi branch. MICR code for Vasdi 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 Vasdi is presented in the table alongside.

Use of Rajnandgaon District Central Bank MICR code for Vasdi branch in vasdi

The MICR code 491853107 is used in RBI cheque clearing process to identify the branch Vasdi 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.