Canara Bank Arachalur Erode Tamil Nadu MICR CODE

Find MICR Codes for Canara Bank Arachalur Erode Tamil Nadu

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Arachalur
Contact 0424-2357493
Bank Details Canara Bank Arachalur CNRB0001029
Location Arachalur, Erode
City Arachalur
District Erode
State Tamil Nadu
Pincode 638101
Country IN
Address D-10 anna nagar,, arachalur 638101
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.

Search Canara Bank MICR Codes in erode

You can search through MICR Codes of Tamil Nadu branches in arachalur of District erode in Tamil Nadu State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Arachalur

How to find MICR codes for Canara Bank in arachalur?

Canara Bank arachalur MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Canara Bank MICR codes list for arachalur, one can further search by branch name specified in the table. You can find MICR codes for all Canara Bank arachalur branches.

Canara Bank MICR code in arachalur

Canara Bank MICR code is a character recognition technology used by banks in the processing of cheques. Canara Bank MICR code for arachalur branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Canara Bank branches in arachalur, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Canara Bank MICR code for arachalur branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Canara Bank arachalur branch, sprinted 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. Thus MICR code for Canara Bank arachalur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Canara Bank MICR codes for arachalur branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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