Canara Bank Phesar Aurangabad Bihar MICR CODE

Find MICR Codes for Canara Bank Phesar Aurangabad Bihar

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MICR Code	824015502
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Chauriya
Contact	224331
Bank Details	Canara Bank Chauriya CNRB0006049

Location	Phesar, Aurangabad
City	Phesar
District	Aurangabad
State	Bihar
Pincode	824102
Country	IN
Address	Canara bank village chauriya post chauriya thana phesar aurangabad pin 824102

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 824015502 for Chauriya 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 824015502 of Canara Bank, Chauriya branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Chauriya 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 -

>>Chauriya

MICR code for Canara Bank Chauriya

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 Chauriya 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. 824015502 is the MICR code of Canara Bank for Chauriya branch. MICR code for Chauriya 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 Chauriya is presented in the table alongside.

Use of Canara Bank MICR code for Chauriya branch in phesar

The MICR code 824015502 is used in RBI cheque clearing process to identify the branch Chauriya 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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