Canara Bank Daltonganj Palamau Jharkhand MICR CODE

Find MICR Codes for Canara Bank Daltonganj Palamau Jharkhand

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Daltonganj
Contact 06562-222718
Bank Details Canara Bank Daltonganj CNRB0003906
Location Daltonganj, Palamau
City Daltonganj
District Palamau
State Jharkhand
Pincode 822101
Country IN
Address Canara bank,haldhar press, jail road , near mohan cinema , daltonganj , distt. Palamu - 822101, jharkhand
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 Daltonganj 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, Daltonganj branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Daltonganj 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 -

>>Daltonganj

MICR code for Canara Bank Daltonganj

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 Daltonganj 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 Daltonganj branch. MICR code for Daltonganj 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 Daltonganj is presented in the table alongside.

Use of Canara Bank MICR code for Daltonganj branch in daltonganj

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