Canara Bank Cannur Kannur Kerala MICR CODE

Find MICR Codes for Canara Bank Cannur Kannur Kerala

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Camp Bazaar Main Cannanore
Contact 0497-2701109
Bank Details Canara Bank Camp Bazaar Main Cannanore CNRB0000704
Location Cannur, Kannur
City Cannur
District Kannur
State Kerala
Pincode 670001
Country IN
Address Thavakkara road,, cannanore, k e r a l a 670001
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 0 for Camp Bazaar Main Cannanore 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 0 of Canara Bank, Camp Bazaar Main Cannanore branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Camp Bazaar Main Cannanore branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Camp Bazaar Main Cannanore

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 Camp Bazaar Main Cannanore 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. 0 is the MICR code of Canara Bank for Camp Bazaar Main Cannanore branch. MICR code for Camp Bazaar Main Cannanore 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 Camp Bazaar Main Cannanore is presented in the table alongside.

Use of Canara Bank MICR code for Camp Bazaar Main Cannanore branch in cannur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Camp Bazaar Main Cannanore 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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