Canara Bank Bhopal Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for Canara Bank Bhopal Bhopal Madhya Pradesh

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MICR Code	462015005
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bhopal Maharana Pratapnagar
Contact	755 - 2760732
Bank Details	Canara Bank Bhopal Maharana Pratapnagar CNRB0002073

Location	Bhopal, Bhopal
City	Bhopal
District	Bhopal
State	Madhya Pradesh
Pincode	462001
Country	IN
Address	No. 3, zone ii,, maharana pratap nagar,, bhopal 462001

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 462015005 for Bhopal Maharana Pratapnagar 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 462015005 of Canara Bank, Bhopal Maharana Pratapnagar branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Bhopal Maharana Pratapnagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 50 branches of Canara Bank are available with micr code -

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MICR code for Canara Bank Bhopal Maharana Pratapnagar

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 Bhopal Maharana Pratapnagar 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. 462015005 is the MICR code of Canara Bank for Bhopal Maharana Pratapnagar branch. MICR code for Bhopal Maharana Pratapnagar 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 Bhopal Maharana Pratapnagar is presented in the table alongside.

Use of Canara Bank MICR code for Bhopal Maharana Pratapnagar branch in bhopal

The MICR code 462015005 is used in RBI cheque clearing process to identify the branch Bhopal Maharana Pratapnagar 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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