Canara Bank Padmanabhpur Durg Chhattisgarh MICR CODE

Find MICR Codes for Canara Bank Padmanabhpur Durg Chhattisgarh

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MICR Code	491015004
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Durg Padamanabhpur
Contact	9934018265
Bank Details	Canara Bank Durg Padamanabhpur CNRB0005731

Location	Padmanabhpur, Durg
City	Padmanabhpur
District	Durg
State	Chhattisgarh
Pincode	491001
Country	IN
Address	Canara bank g k tower main road padmanabhpur durg chattisgarh 491001

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 491015004 for Durg Padamanabhpur 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 491015004 of Canara Bank, Durg Padamanabhpur branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Durg Padamanabhpur 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 -

>>Durg Padamanabhpur

MICR code for Canara Bank Durg Padamanabhpur

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 Durg Padamanabhpur 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. 491015004 is the MICR code of Canara Bank for Durg Padamanabhpur branch. MICR code for Durg Padamanabhpur 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 Durg Padamanabhpur is presented in the table alongside.

Use of Canara Bank MICR code for Durg Padamanabhpur branch in padmanabhpur

The MICR code 491015004 is used in RBI cheque clearing process to identify the branch Durg Padamanabhpur 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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