Canara Bank Bagpat Baoli Uttar Pradesh MICR CODE

Find MICR Codes for Canara Bank Bagpat Baoli Uttar Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Baoli
Contact 0
Bank Details Canara Bank Baoli CNRB0018577
Location Bagpat, Baoli
City Bagpat
District Baoli
State Uttar Pradesh
Pincode 250621
Country IN
Address Delhi saharanpur road vill and po baoli baghpat 250 621
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 250015480 for Baoli 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 250015480 of Canara Bank, Baoli branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Baoli 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 -

>>Baoli

MICR code for Canara Bank Baoli

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 Baoli 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. 250015480 is the MICR code of Canara Bank for Baoli branch. MICR code for Baoli 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 Baoli is presented in the table alongside.

Use of Canara Bank MICR code for Baoli branch in bagpat

The MICR code 250015480 is used in RBI cheque clearing process to identify the branch Baoli 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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