Canara Bank Coimbatore Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for Canara Bank Coimbatore Coimbatore Tamil Nadu

↻ Reload
MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Coimbatore Vadavalli
Contact 0
Bank Details Canara Bank Coimbatore Vadavalli CNRB0016560
Location Coimbatore, Coimbatore
City Coimbatore
District Coimbatore
State Tamil Nadu
Pincode 641041
Country IN
Address Vom complex door no 49 ramasamy pillai st nr bus stand vadavali coimbatore tamil nadu 641041
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 641015098 for Coimbatore Vadavalli 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 641015098 of Canara Bank, Coimbatore Vadavalli branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Coimbatore Vadavalli branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Coimbatore Vadavalli

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 Coimbatore Vadavalli 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. 641015098 is the MICR code of Canara Bank for Coimbatore Vadavalli branch. MICR code for Coimbatore Vadavalli 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 Coimbatore Vadavalli is presented in the table alongside.

Use of Canara Bank MICR code for Coimbatore Vadavalli branch in coimbatore

The MICR code 641015098 is used in RBI cheque clearing process to identify the branch Coimbatore Vadavalli 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.

Copied!