Canara Bank Bokaro Bokaro Jharkhand MICR CODE

Find MICR Codes for Canara Bank Bokaro Bokaro Jharkhand

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chira Chas Ii
Contact 0
Bank Details Canara Bank Chira Chas Ii CNRB0017458
Location Bokaro, Bokaro
City Bokaro
District Bokaro
State Jharkhand
Pincode 827013
Country IN
Address Plot no 729 omkar sadan chira chas bokaro jharkhand 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 827015012 for Chira Chas 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 827015012 of Canara Bank, Chira Chas Ii branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Chira Chas Ii branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Chira Chas 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 Chira Chas 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. 827015012 is the MICR code of Canara Bank for Chira Chas Ii branch. MICR code for Chira Chas 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 Chira Chas Ii is presented in the table alongside.

Use of Canara Bank MICR code for Chira Chas Ii branch in bokaro

The MICR code 827015012 is used in RBI cheque clearing process to identify the branch Chira Chas 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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