Canara Bank Kamptee Nagpur Maharashtra MICR CODE

Find MICR Codes for Canara Bank Kamptee Nagpur Maharashtra

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MICR Code	440015020
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bhilgaon
Contact	712 2567298
Bank Details	Canara Bank Bhilgaon CNRB0005099

Location	Kamptee, Nagpur
City	Kamptee
District	Nagpur
State	Maharashtra
Pincode	441001
Country	IN
Address	Plot no 79, gupta complex,naka no 2 kamptee rd, po khairee, tq kamptee bhilgaon maharashtra

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 440015020 for Bhilgaon 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 440015020 of Canara Bank, Bhilgaon branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Bhilgaon branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Canara Bank are available with micr code -

>>Bhilgaon >>Kamptee

MICR code for Canara Bank Bhilgaon

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 Bhilgaon 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. 440015020 is the MICR code of Canara Bank for Bhilgaon branch. MICR code for Bhilgaon 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 Bhilgaon is presented in the table alongside.

Use of Canara Bank MICR code for Bhilgaon branch in kamptee

The MICR code 440015020 is used in RBI cheque clearing process to identify the branch Bhilgaon 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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