Canara Bank Alto Porvorim North Goa Goa MICR CODE

Find MICR Codes for Canara Bank Alto Porvorim North Goa Goa

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Alto Porvorim Goa
Contact 0832-2413955
Bank Details Canara Bank Alto Porvorim Goa CNRB0002862
Location Alto Porvorim, North Goa
City Alto Porvorim
District North Goa
State Goa
Pincode 403521
Country IN
Address # 182, p d a colony,, s no.77/1, alto porvorim,, bardez,, g o a
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 403015025 for Alto Porvorim Goa 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 403015025 of Canara Bank, Alto Porvorim Goa branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Alto Porvorim Goa 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 -

>>Alto Porvorim Goa

MICR code for Canara Bank Alto Porvorim Goa

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 Alto Porvorim Goa 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. 403015025 is the MICR code of Canara Bank for Alto Porvorim Goa branch. MICR code for Alto Porvorim Goa 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 Alto Porvorim Goa is presented in the table alongside.

Use of Canara Bank MICR code for Alto Porvorim Goa branch in alto porvorim

The MICR code 403015025 is used in RBI cheque clearing process to identify the branch Alto Porvorim Goa 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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