Zila Sahkari Bank Chhindwara Chhindwara Madhya Pradesh MICR CODE

Find MICR Codes for Zila Sahkari Bank Chhindwara Chhindwara Madhya Pradesh

MICR Code
Bank Zila Sahkari Bank Ltd. Ghaziabad
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Parasia Chhindwara
Contact 18002000
Bank Details Zila Sahkari Bank Ltd. Ghaziabad Parasia Chhindwara YESB0000949
Location Chhindwara, Chhindwara
City Chhindwara
District Chhindwara
State Madhya Pradesh
Pincode 480001
Country IN
Address Kh 644,patwari no.227 70 14,dongar parasia,dist chhindwara,mp 480441
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 0 for Parasia Chhindwara 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 0 of Zila Sahkari Bank Ltd, Parasia Chhindwara branch makes the system almost error free and faster. Use of Zila Sahkari Bank Ltd MICR codes for Parasia Chhindwara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Zila Sahkari Bank Ltd. Ghaziabad are available with micr code -

>>Chourai Chhindwara >>Imlikheda Chhindwara >>Marud Chhindwara >>Parasia Chhindwara

MICR code for Zila Sahkari Bank Parasia Chhindwara

Zila Sahkari Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Zila Sahkari Bank Ltd MICR code for Parasia Chhindwara 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. 0 is the MICR code of Zila Sahkari Bank Ltd. Ghaziabad for Parasia Chhindwara branch. MICR code for Parasia Chhindwara 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 Zila Sahkari Bank Ltd Parasia Chhindwara is presented in the table alongside.

Use of Zila Sahkari Bank Ltd MICR code for Parasia Chhindwara branch in chhindwara

The MICR code 0 is used in RBI cheque clearing process to identify the branch Parasia Chhindwara and Zila Sahkari Bank Ltd 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 Zila Sahkari Bank Ltd. Ghaziabad is typically in either of these two font’s: E-138 and CMC-7.

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