Canara Bank Hingna Nagpur Maharashtra MICR CODE

Find MICR Codes for Canara Bank Hingna Nagpur Maharashtra

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Balaji Nagar
Contact 236924
Bank Details Canara Bank Balaji Nagar CNRB0005846
Location Hingna, Nagpur
City Hingna
District Nagpur
State Maharashtra
Pincode 440016
Country IN
Address Plot 1 radke ay out hingna road besides bharat petroleum nagpur maharashtra pin 40016
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 440015025 for Balaji Nagar 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 440015025 of Canara Bank, Balaji Nagar branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Balaji Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Canara Bank are available with micr code -

>>Balaji Nagar >>Hingna

MICR code for Canara Bank Balaji Nagar

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 Balaji Nagar 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. 440015025 is the MICR code of Canara Bank for Balaji Nagar branch. MICR code for Balaji Nagar 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 Balaji Nagar is presented in the table alongside.

Use of Canara Bank MICR code for Balaji Nagar branch in hingna

The MICR code 440015025 is used in RBI cheque clearing process to identify the branch Balaji Nagar 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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