MICR Code Bank
Find MICR code for Rajnandgaon District Central Co-Operative Bank Ltd branches in India for NEFT and RTGS transfer

Rajnandgaon District Central Co-Operative Bank Ltd MICR CODE

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

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  1. Rajnandgaon District Central Co-operative Bank Ltd »
  2. Chhattisgarh »
  3. rajnandgaon »
  4. vasdi »
  5. vasdi

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

MICR Code: 491853107
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

How does MICR code for 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 of Rajnandgaon District Central Bank, branch makes the system almost error free and faster. Use of Rajnandgaon District Central Bank MICR codes for 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

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

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

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