Canara Bank Bokaro B S City Jharkhand MICR CODE

Find MICR Codes for Canara Bank Bokaro B S City Jharkhand

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MICR Code	827015011
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bolkaro Steel City Ii
Contact	0
Bank Details	Canara Bank Bolkaro Steel City Ii CNRB0017451

Location	Bokaro, B S City
City	Bokaro
District	B S City
State	Jharkhand
Pincode	827004
Country	IN
Address	C 1 city centre sector iv bokaro steel city 827004

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 827015011 for Bolkaro Steel City Ii 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 827015011 of Canara Bank, Bolkaro Steel City Ii branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Bolkaro Steel City Ii 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 -

>>Bolkaro Steel City Ii

MICR code for Canara Bank Bolkaro Steel City Ii

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 Bolkaro Steel City Ii 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. 827015011 is the MICR code of Canara Bank for Bolkaro Steel City Ii branch. MICR code for Bolkaro Steel City Ii 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 Bolkaro Steel City Ii is presented in the table alongside.

Use of Canara Bank MICR code for Bolkaro Steel City Ii branch in bokaro

The MICR code 827015011 is used in RBI cheque clearing process to identify the branch Bolkaro Steel City Ii 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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