Canara Bank Chas Bokaro Jharkhand MICR CODE

Find MICR Codes for Canara Bank Chas Bokaro Jharkhand

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MICR Code	-NA-
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Chas
Contact	06542-235920
Bank Details	Canara Bank Chas CNRB0002961

Location	Chas, Bokaro
City	Chas
District	Bokaro
State	Jharkhand
Pincode	827013
Country	IN
Address	Laxmi nivas, by pass road, chas, bokaro dist, jharkhad - 827013

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 Chas 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, Chas branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Chas branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Canara Bank are available with micr code -

>>Chas >>Chira Chas

MICR code for Canara Bank Chas

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 Chas 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 Chas branch. MICR code for Chas 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 Chas is presented in the table alongside.

Use of Canara Bank MICR code for Chas branch in chas

The MICR code 0 is used in RBI cheque clearing process to identify the branch Chas 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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