Canara Bank Alwar Alwar Rajasthan MICR CODE

Find MICR Codes for Canara Bank Alwar Alwar Rajasthan

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ashok Vihar Alwar
Contact Cb5436@canarabank.Com
Bank Details Canara Bank Ashok Vihar Alwar CNRB0005436
Location Alwar, Alwar
City Alwar
District Alwar
State Rajasthan
Pincode 301001
Country IN
Address A-16 17 ashok vihar, alwar rajasthan
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 301015003 for Ashok Vihar Alwar 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 301015003 of Canara Bank, Ashok Vihar Alwar branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Ashok Vihar Alwar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Canara Bank are available with micr code -

>>Alwar Dayanand Marg Bhs Samiti >>Alwar Hanuman Chauraha >>Alwar Ii >>Alwar Medalganj >>Ashok Vihar Alwar >>Tapookra Ii

MICR code for Canara Bank Ashok Vihar Alwar

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 Vihar Alwar 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. 301015003 is the MICR code of Canara Bank for Ashok Vihar Alwar branch. MICR code for Ashok Vihar Alwar 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 Vihar Alwar is presented in the table alongside.

Use of Canara Bank MICR code for Ashok Vihar Alwar branch in alwar

The MICR code 301015003 is used in RBI cheque clearing process to identify the branch Ashok Vihar Alwar 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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