Canara Bank Beed Ambejogai Maharashtra MICR CODE

Find MICR Codes for Canara Bank Beed Ambejogai Maharashtra

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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	Ambejogai
Contact	-18001030
Bank Details	Canara Bank Ambejogai CNRB0007862

Location	Beed, Ambejogai
City	Beed
District	Ambejogai
State	Maharashtra
Pincode	431517
Country	IN
Address	Ambedkar chowk parali main road ambejogai beed dist maharashtra 431517

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 Ambejogai 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, Ambejogai branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Ambejogai 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 -

>>Ambejogai

MICR code for Canara Bank Ambejogai

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 Ambejogai 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 Ambejogai branch. MICR code for Ambejogai 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 Ambejogai is presented in the table alongside.

Use of Canara Bank MICR code for Ambejogai branch in beed

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