Canara Bank Budhanoor Alapuzha Kerala MICR CODE

Find MICR Codes for Canara Bank Budhanoor Alapuzha Kerala

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Budhanoor
Contact 2465156
Bank Details Canara Bank Budhanoor CNRB0005965
Location Budhanoor, Alapuzha
City Budhanoor
District Alapuzha
State Kerala
Pincode 689510
Country IN
Address Canara bank bp 11 405 madapally junction budhanoor po alleppy dist 689 510
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 690015154 for Budhanoor 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 690015154 of Canara Bank, Budhanoor branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Budhanoor 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 -

>>Budhanoor

MICR code for Canara Bank Budhanoor

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 Budhanoor 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. 690015154 is the MICR code of Canara Bank for Budhanoor branch. MICR code for Budhanoor 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 Budhanoor is presented in the table alongside.

Use of Canara Bank MICR code for Budhanoor branch in budhanoor

The MICR code 690015154 is used in RBI cheque clearing process to identify the branch Budhanoor 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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