Canara Bank Banswara Banswara Rajasthan MICR CODE

Find MICR Codes for Canara Bank Banswara Banswara Rajasthan

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State
District
City
Branch
Address

MICR Code	-NA-
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Banaswara
Contact	02962-247666
Bank Details	Canara Bank Banaswara CNRB0003385

Location	Banswara, Banswara
City	Banswara
District	Banswara
State	Rajasthan
Pincode	327001
Country	IN
Address	Canara bank, opp. B s n l office, near bus stand, banswara - 327 001 (dist - bansawara 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 0 for Banaswara 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 0 of Canara Bank, Banaswara branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Banaswara 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 -

>>Banaswara

MICR code for Canara Bank Banaswara

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 Banaswara 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. 0 is the MICR code of Canara Bank for Banaswara branch. MICR code for Banaswara 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 Banaswara is presented in the table alongside.

Use of Canara Bank MICR code for Banaswara branch in banswara

The MICR code 0 is used in RBI cheque clearing process to identify the branch Banaswara 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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