Canara Bank Erasakkanayakanur Theni Tamil Nadu MICR CODE

Find MICR Codes for Canara Bank Erasakkanayakanur Theni Tamil Nadu

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Erasakkanaickanur
Contact 04554-247219
Bank Details Canara Bank Erasakkanaickanur CNRB0001533
Location Erasakkanayakanur, Theni
City Erasakkanayakanur
District Theni
State Tamil Nadu
Pincode 625515
Country IN
Address Ward no 2, d 114 middle street, erasakkanayakanur, theni dist, tamnilnadu - 625515
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 Erasakkanaickanur 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, Erasakkanaickanur branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Erasakkanaickanur 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 -

>>Erasakkanaickanur

MICR code for Canara Bank Erasakkanaickanur

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

Use of Canara Bank MICR code for Erasakkanaickanur branch in erasakkanayakanur

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