Canara Bank Coonoor Nilgiris Tamil Nadu MICR CODE

Find MICR Codes for Canara Bank Coonoor Nilgiris Tamil Nadu

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Coonoor
Contact 0423-2206581
Bank Details Canara Bank Coonoor CNRB0001247
Location Coonoor, Nilgiris
City Coonoor
District Nilgiris
State Tamil Nadu
Pincode 643102
Country IN
Address Pb no9, 27 salem road, coonoor-643102,
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 0 for Coonoor 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 0 of Canara Bank, Coonoor branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Coonoor 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 -

>>Coonoor

MICR code for Canara Bank Coonoor

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 Coonoor 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. 0 is the MICR code of Canara Bank for Coonoor branch. MICR code for Coonoor 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 Coonoor is presented in the table alongside.

Use of Canara Bank MICR code for Coonoor branch in coonoor

The MICR code 0 is used in RBI cheque clearing process to identify the branch Coonoor 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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