Canara Bank Bhid Bid Maharashtra MICR CODE

Find MICR Codes for Canara Bank Bhid Bid Maharashtra

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pali
Contact
Bank Details Canara Bank Pali CNRB0003773
Location Bhid, Bid
City Bhid
District Bid
State Maharashtra
Pincode 431122
Country IN
Address Canara bank,gut no.192, h no.1039 post pali taluk, beed dist pincode - 431122
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.

Search Canara Bank MICR Codes in bid

You can search through MICR Codes of Maharashtra branches in bhid of District bid in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Canara Bank are available with micr code -

>>Pali

How to find MICR codes for Canara Bank in bhid?

Canara Bank bhid MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Canara Bank MICR codes list for bhid, one can further search by branch name specified in the table. You can find MICR codes for all Canara Bank bhid branches.

Canara Bank MICR code in bhid

Canara Bank MICR code is a character recognition technology used by banks in the processing of cheques. Canara Bank MICR code for bhid branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Canara Bank branches in bhid, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Canara Bank MICR code for bhid branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Canara Bank bhid branch, sprinted 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. Thus MICR code for Canara Bank bhid branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Canara Bank MICR codes for bhid branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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