Canara Bank Varanasi Varanasi Uttar Pradesh MICR CODE

Find MICR Codes for Canara Bank Varanasi Varanasi Uttar Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chitaipur
Contact 0
Bank Details Canara Bank Chitaipur CNRB0019445
Location Varanasi, Varanasi
City Varanasi
District Varanasi
State Uttar Pradesh
Pincode 221006
Country IN
Address Syndicare bank h no 167 baraipur kandawa chunar road distt varanasi uttar pradesh india 221006
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 221015035 for Chitaipur 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 221015035 of Canara Bank, Chitaipur branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Chitaipur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Chitaipur

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 Chitaipur 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. 221015035 is the MICR code of Canara Bank for Chitaipur branch. MICR code for Chitaipur 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 Chitaipur is presented in the table alongside.

Use of Canara Bank MICR code for Chitaipur branch in varanasi

The MICR code 221015035 is used in RBI cheque clearing process to identify the branch Chitaipur 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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