Canara Bank Biaora Rajgarh Madhya Pradesh MICR CODE

Find MICR Codes for Canara Bank Biaora Rajgarh Madhya Pradesh

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MICR Code	465015002
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Biaora
Contact	8989992691
Bank Details	Canara Bank Biaora CNRB0005562

Location	Biaora, Rajgarh
City	Biaora
District	Rajgarh
State	Madhya Pradesh
Pincode	465674
Country	IN
Address	Canara bank 41 dalchand tower near pipal chouraha rajgarh road biaora madhya pradesh 465674

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 465015002 for Biaora 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 465015002 of Canara Bank, Biaora branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Biaora 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 -

>>Biaora

MICR code for Canara Bank Biaora

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 Biaora 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. 465015002 is the MICR code of Canara Bank for Biaora branch. MICR code for Biaora 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 Biaora is presented in the table alongside.

Use of Canara Bank MICR code for Biaora branch in biaora

The MICR code 465015002 is used in RBI cheque clearing process to identify the branch Biaora 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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