Canara Bank Akola Akola Maharashtra MICR CODE

Find MICR Codes for Canara Bank Akola Akola Maharashtra

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Akola Jatharpeth
Contact Cb5498@canarabank.Com
Bank Details Canara Bank Akola Jatharpeth CNRB0005498
Location Akola, Akola
City Akola
District Akola
State Maharashtra
Pincode 444005
Country IN
Address Canara bank shubhmangal karyalay.jatharpeth akola
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 444015002 for Akola Jatharpeth 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 444015002 of Canara Bank, Akola Jatharpeth branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Akola Jatharpeth branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Canara Bank are available with micr code -

>>Akola Jatharpeth

MICR code for Canara Bank Akola Jatharpeth

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 Akola Jatharpeth 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. 444015002 is the MICR code of Canara Bank for Akola Jatharpeth branch. MICR code for Akola Jatharpeth 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 Akola Jatharpeth is presented in the table alongside.

Use of Canara Bank MICR code for Akola Jatharpeth branch in akola

The MICR code 444015002 is used in RBI cheque clearing process to identify the branch Akola Jatharpeth 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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