Canara Bank Deoli Wardha Maharashtra MICR CODE

Find MICR Codes for Canara Bank Deoli Wardha Maharashtra

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Deoli
Contact Cb5500@canarabank.Com
Bank Details Canara Bank Deoli CNRB0005500
Location Deoli, Wardha
City Deoli
District Wardha
State Maharashtra
Pincode 442101
Country IN
Address Canara bank m m kirana store thakre chowk near bank of baroda deoli
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 442015503 for Deoli 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 442015503 of Canara Bank, Deoli branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Deoli 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 -

>>Deoli

MICR code for Canara Bank Deoli

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 Deoli 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. 442015503 is the MICR code of Canara Bank for Deoli branch. MICR code for Deoli 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 Deoli is presented in the table alongside.

Use of Canara Bank MICR code for Deoli branch in deoli

The MICR code 442015503 is used in RBI cheque clearing process to identify the branch Deoli 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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