Canara Bank Dist Ashoknagar Dist Ashoknagar Madhya Pradesh MICR CODE

Find MICR Codes for Canara Bank Dist Ashoknagar Dist Ashoknagar Madhya Pradesh

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MICR Code	473015077
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ashok Nagar Ii
Contact	0
Bank Details	Canara Bank Ashok Nagar Ii CNRB0017776

Location	Dist Ashoknagar, Dist Ashoknagar
City	Dist Ashoknagar
District	Dist Ashoknagar
State	Madhya Pradesh
Pincode	473331
Country	IN
Address	Radhey bhavan vidisha road ashoknagar dist dist ashoknagar madhya pradesh 473331

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 473015077 for Ashok Nagar Ii 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 473015077 of Canara Bank, Ashok Nagar Ii branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Ashok Nagar Ii 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 -

>>Ashok Nagar Ii

MICR code for Canara Bank Ashok Nagar Ii

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 Ashok Nagar Ii 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. 473015077 is the MICR code of Canara Bank for Ashok Nagar Ii branch. MICR code for Ashok Nagar Ii 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 Ashok Nagar Ii is presented in the table alongside.

Use of Canara Bank MICR code for Ashok Nagar Ii branch in dist ashoknagar

The MICR code 473015077 is used in RBI cheque clearing process to identify the branch Ashok Nagar Ii 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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