Canara Bank Nainital Nainital Uttrakhand MICR CODE

Find MICR Codes for Canara Bank Nainital Nainital Uttrakhand

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bindu Khatta
Contact 0
Bank Details Canara Bank Bindu Khatta CNRB0018988
Location Nainital, Nainital
City Nainital
District Nainital
State Uttrakhand
Pincode 263139
Country IN
Address Bindu khatta car road distt nainital nainital uttarakhand india 263139
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 263015010 for Bindu Khatta 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 263015010 of Canara Bank, Bindu Khatta branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Bindu Khatta branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Canara Bank are available with micr code -

>>Bindu Khatta >>Nainital >>Nainital Ii >>Pirumadara

MICR code for Canara Bank Bindu Khatta

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 Bindu Khatta 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. 263015010 is the MICR code of Canara Bank for Bindu Khatta branch. MICR code for Bindu Khatta 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 Bindu Khatta is presented in the table alongside.

Use of Canara Bank MICR code for Bindu Khatta branch in nainital

The MICR code 263015010 is used in RBI cheque clearing process to identify the branch Bindu Khatta 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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