Canara Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Canara Bank Bangalore Bangalore Urban Karnataka

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MICR Code	560015084
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Asset Rec. Mgmt. Br. Bangalore
Contact	080-25588641
Bank Details	Canara Bank Asset Rec. Mgmt. Br. Bangalore CNRB0002366

Location	Bangalore, Bangalore Urban
City	Bangalore
District	Bangalore Urban
State	Karnataka
Pincode	560001
Country	IN
Address	Ii floor, spencer towers, no.86, m.g.road, bangalore 560 001

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.

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Asset Rec. Mgmt. Br. Bangalore (560015084)

How does MICR code 560015084 for Asset Rec. Mgmt. Br. Bangalore 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 560015084 of Canara Bank, Asset Rec. Mgmt. Br. Bangalore branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Asset Rec. Mgmt. Br. Bangalore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 226 branches of Canara Bank are available with micr code -

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MICR code for Canara Bank Asset Rec. Mgmt. Br. Bangalore

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 Asset Rec. Mgmt. Br. Bangalore 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. 560015084 is the MICR code of Canara Bank for Asset Rec. Mgmt. Br. Bangalore branch. MICR code for Asset Rec. Mgmt. Br. Bangalore 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 Asset Rec. Mgmt. Br. Bangalore is presented in the table alongside.

Use of Canara Bank MICR code for Asset Rec. Mgmt. Br. Bangalore branch in bangalore

The MICR code 560015084 is used in RBI cheque clearing process to identify the branch Asset Rec. Mgmt. Br. Bangalore 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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