Canara Bank Kollam Chathanoor Kerala MICR CODE

Find MICR Codes for Canara Bank Kollam Chathanoor Kerala

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chathannoor
Contact 0
Bank Details Canara Bank Chathannoor CNRB0014513
Location Kollam, Chathanoor
City Kollam
District Chathanoor
State Kerala
Pincode 691572
Country IN
Address Sri shankaram building nh road chathanoor kollam kerala 691572
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 691015906 for Chathannoor 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 691015906 of Canara Bank, Chathannoor branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Chathannoor 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 -

>>Chathannoor

MICR code for Canara Bank Chathannoor

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 Chathannoor 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. 691015906 is the MICR code of Canara Bank for Chathannoor branch. MICR code for Chathannoor 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 Chathannoor is presented in the table alongside.

Use of Canara Bank MICR code for Chathannoor branch in kollam

The MICR code 691015906 is used in RBI cheque clearing process to identify the branch Chathannoor 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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