Canara Bank Kollam Anchalumoodu Kerala MICR CODE

Find MICR Codes for Canara Bank Kollam Anchalumoodu Kerala

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Anchalumoodu
Contact -
Bank Details Canara Bank Anchalumoodu CNRB0007798
Location Kollam, Anchalumoodu
City Kollam
District Anchalumoodu
State Kerala
Pincode 691601
Country IN
Address Nelliyil royal building near i mallanchalumoodu kollam dist kerala 691601
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 Anchalumoodu 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, Anchalumoodu branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Anchalumoodu 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 -

>>Anchalumoodu

MICR code for Canara Bank Anchalumoodu

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

Use of Canara Bank MICR code for Anchalumoodu branch in kollam

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