Canara Bank Erode Chennimalai Tamil Nadu MICR CODE

Find MICR Codes for Canara Bank Erode Chennimalai Tamil Nadu

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chennimalai Ii
Contact 0
Bank Details Canara Bank Chennimalai Ii CNRB0016535
Location Erode, Chennimalai
City Erode
District Chennimalai
State Tamil Nadu
Pincode 638051
Country IN
Address No 55 12 west raja street ward no 7 new no 14 chennimalai dist erode chennimalai tamil nadu india638051
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 638015059 for Chennimalai Ii 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 638015059 of Canara Bank, Chennimalai Ii branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Chennimalai Ii 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 -

>>Chennimalai Ii

MICR code for Canara Bank Chennimalai Ii

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 Chennimalai Ii 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. 638015059 is the MICR code of Canara Bank for Chennimalai Ii branch. MICR code for Chennimalai Ii 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 Chennimalai Ii is presented in the table alongside.

Use of Canara Bank MICR code for Chennimalai Ii branch in erode

The MICR code 638015059 is used in RBI cheque clearing process to identify the branch Chennimalai Ii 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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