Canara Bank Faridabad Arua Haryana MICR CODE

Find MICR Codes for Canara Bank Faridabad Arua Haryana

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Arua
Contact 0
Bank Details Canara Bank Arua CNRB0018264
Location Faridabad, Arua
City Faridabad
District Arua
State Haryana
Pincode 121101
Country IN
Address Vridji ashram bhavan vill arua po chandpur 121101
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 110015559 for Arua 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 110015559 of Canara Bank, Arua branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Arua 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 -

>>Arua

MICR code for Canara Bank Arua

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 Arua 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. 110015559 is the MICR code of Canara Bank for Arua branch. MICR code for Arua 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 Arua is presented in the table alongside.

Use of Canara Bank MICR code for Arua branch in faridabad

The MICR code 110015559 is used in RBI cheque clearing process to identify the branch Arua 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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