Canara Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Canara Bank Bangalore Bangalore Urban Karnataka

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bangalore Basaveshwarnagar
Contact 080 - 23108575
Bank Details Canara Bank Bangalore Basaveshwarnagar CNRB0002529
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560079
Country IN
Address # 4, i main road, iii block,, iv stage,, basaveshwaranagar,
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 560015111 for Bangalore Basaveshwarnagar 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 560015111 of Canara Bank, Bangalore Basaveshwarnagar branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Bangalore Basaveshwarnagar 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 Bangalore Basaveshwarnagar

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 Bangalore Basaveshwarnagar 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. 560015111 is the MICR code of Canara Bank for Bangalore Basaveshwarnagar branch. MICR code for Bangalore Basaveshwarnagar 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 Bangalore Basaveshwarnagar is presented in the table alongside.

Use of Canara Bank MICR code for Bangalore Basaveshwarnagar branch in bangalore

The MICR code 560015111 is used in RBI cheque clearing process to identify the branch Bangalore Basaveshwarnagar 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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