Canara Bank Greater Bombay Mumbai Maharashtra MICR CODE

Find MICR Codes for Canara Bank Greater Bombay Mumbai Maharashtra

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MICR Code	400015267
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Accounts Section Mumbai Ii
Contact	0
Bank Details	Canara Bank Accounts Section Mumbai Ii CNRB0015003

Location	Greater Bombay, Mumbai
City	Greater Bombay
District	Mumbai
State	Maharashtra
Pincode	400001
Country	IN
Address	Lawrence mayo house 2nd floor pb no 513 fort mumbai 400001

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 400015267 for Accounts Section Mumbai Ii 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 400015267 of Canara Bank, Accounts Section Mumbai Ii branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Accounts Section Mumbai Ii branch, makes the characters readable even if there are other marks and stamps on it.

A total of 61 branches of Canara Bank are available with micr code -

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MICR code for Canara Bank Accounts Section Mumbai Ii

Canara Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Canara Bank MICR code for Accounts Section Mumbai Ii 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. 400015267 is the MICR code of Canara Bank for Accounts Section Mumbai Ii branch. MICR code for Accounts Section Mumbai Ii 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 Canara Bank Accounts Section Mumbai Ii is presented in the table alongside.

Use of Canara Bank MICR code for Accounts Section Mumbai Ii branch in greater bombay

The MICR code 400015267 is used in RBI cheque clearing process to identify the branch Accounts Section Mumbai Ii and Canara 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 Canara Bank is typically in either of these two font’s: E-138 and CMC-7.

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