Canara Bank Alwar Alwar Rajasthan MICR CODE

Find MICR Codes for Canara Bank Alwar Alwar Rajasthan

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State
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MICR Code	-NA-
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Alwar Medalganj
Contact	0144-2347739
Bank Details	Canara Bank Alwar Medalganj CNRB0002135

Location	Alwar, Alwar
City	Alwar
District	Alwar
State	Rajasthan
Pincode	301001
Country	IN
Address	Gurumath samagam bldg,, ist floor,road no.2,, alwar 301001

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

A total of 6 branches of Canara Bank are available with micr code -

>>Alwar Dayanand Marg Bhs Samiti >>Alwar Hanuman Chauraha >>Alwar Ii >>Alwar Medalganj >>Ashok Vihar Alwar >>Tapookra Ii

MICR code for Canara Bank Alwar Medalganj

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 Alwar Medalganj 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 Canara Bank for Alwar Medalganj branch. MICR code for Alwar Medalganj 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 Alwar Medalganj is presented in the table alongside.

Use of Canara Bank MICR code for Alwar Medalganj branch in alwar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Alwar Medalganj 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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