Canara Bank Agathy Lakshadweep Lakshadweep MICR CODE

Find MICR Codes for Canara Bank Agathy Lakshadweep Lakshadweep

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MICR Code	-NA-
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Currency Chest Agathy
Contact	0
Bank Details	Canara Bank Currency Chest Agathy CNRB0012802

Location	Agathy, Lakshadweep
City	Agathy
District	Lakshadweep
State	Lakshadweep
Pincode	682553
Country	IN
Address	Near d c office agathy island lakshadweep 682553

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 Currency Chest Agathy 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, Currency Chest Agathy branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Currency Chest Agathy 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 -

>>Currency Chest Agathy

MICR code for Canara Bank Currency Chest Agathy

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 Currency Chest Agathy 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 Currency Chest Agathy branch. MICR code for Currency Chest Agathy 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 Currency Chest Agathy is presented in the table alongside.

Use of Canara Bank MICR code for Currency Chest Agathy branch in agathy

The MICR code 0 is used in RBI cheque clearing process to identify the branch Currency Chest Agathy 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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