Canara Bank Thane Thane Maharashtra MICR CODE

Find MICR Codes for Canara Bank Thane Thane Maharashtra

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ghodbunder Road
Contact 9969797837
Bank Details Canara Bank Ghodbunder Road CNRB0003046
Location Thane, Thane
City Thane
District Thane
State Maharashtra
Pincode 400610
Country IN
Address Mint, off ghodbunder road behind hiranandani medows, thane district thane, pin code 400610
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 400015180 for Ghodbunder Road 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 400015180 of Canara Bank, Ghodbunder Road branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Ghodbunder Road branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Ghodbunder Road

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 Ghodbunder Road 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. 400015180 is the MICR code of Canara Bank for Ghodbunder Road branch. MICR code for Ghodbunder Road 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 Ghodbunder Road is presented in the table alongside.

Use of Canara Bank MICR code for Ghodbunder Road branch in thane

The MICR code 400015180 is used in RBI cheque clearing process to identify the branch Ghodbunder Road 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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