Canara Bank Gumla Dist Ghaghra Jharkhand MICR CODE

Find MICR Codes for Canara Bank Gumla Dist Ghaghra Jharkhand

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ghaghra
Contact -
Bank Details Canara Bank Ghaghra CNRB0007891
Location Gumla Dist, Ghaghra
City Gumla Dist
District Ghaghra
State Jharkhand
Pincode 835208
Country IN
Address Ghaghra, chandni chowk, bishunpur, gumla dist, jharkhand-835208.
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 Ghaghra 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, Ghaghra branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Ghaghra 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 -

>>Ghaghra

MICR code for Canara Bank Ghaghra

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

Use of Canara Bank MICR code for Ghaghra branch in gumla dist

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