Canara Bank Samastipur Balha Bihar MICR CODE

Find MICR Codes for Canara Bank Samastipur Balha Bihar

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Balha
Contact 0
Bank Details Canara Bank Balha CNRB0017534
Location Samastipur, Balha
City Samastipur
District Balha
State Bihar
Pincode 848125
Country IN
Address Vill and po balha via pusa ps chak mehsi dist samastipur pin 848125
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 848015007 for Balha 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 848015007 of Canara Bank, Balha branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Balha 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 -

>>Balha

MICR code for Canara Bank Balha

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 Balha 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. 848015007 is the MICR code of Canara Bank for Balha branch. MICR code for Balha 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 Balha is presented in the table alongside.

Use of Canara Bank MICR code for Balha branch in samastipur

The MICR code 848015007 is used in RBI cheque clearing process to identify the branch Balha 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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