Canara Bank Lakshadweep Chetlat Lakshadweep MICR CODE

Find MICR Codes for Canara Bank Lakshadweep Chetlat Lakshadweep

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chetlat Island
Contact 0
Bank Details Canara Bank Chetlat Island CNRB0019958
Location Lakshadweep, Chetlat
City Lakshadweep
District Chetlat
State Lakshadweep
Pincode 682554
Country IN
Address Subtreasury buildingnear boat jettychetlath islandu t of lakshadweeppin 682 554
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 682015954 for Chetlat Island 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 682015954 of Canara Bank, Chetlat Island branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Chetlat Island 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 -

>>Chetlat Island

MICR code for Canara Bank Chetlat Island

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 Chetlat Island 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. 682015954 is the MICR code of Canara Bank for Chetlat Island branch. MICR code for Chetlat Island 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 Chetlat Island is presented in the table alongside.

Use of Canara Bank MICR code for Chetlat Island branch in lakshadweep

The MICR code 682015954 is used in RBI cheque clearing process to identify the branch Chetlat Island 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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