Canara Bank Gwalior Gwalior Madhya Pradesh MICR CODE

Find MICR Codes for Canara Bank Gwalior Gwalior Madhya Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gola Ka Mandir Gwalior
Contact 0751-2461282
Bank Details Canara Bank Gola Ka Mandir Gwalior CNRB0002897
Location Gwalior, Gwalior
City Gwalior
District Gwalior
State Madhya Pradesh
Pincode 474005
Country IN
Address Plot no.6, muran enclave colon, gola ka mandir, gwalior, madhya pradesh
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 474015002 for Gola Ka Mandir Gwalior 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 474015002 of Canara Bank, Gola Ka Mandir Gwalior branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Gola Ka Mandir Gwalior branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Gola Ka Mandir Gwalior

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 Gola Ka Mandir Gwalior 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. 474015002 is the MICR code of Canara Bank for Gola Ka Mandir Gwalior branch. MICR code for Gola Ka Mandir Gwalior 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 Gola Ka Mandir Gwalior is presented in the table alongside.

Use of Canara Bank MICR code for Gola Ka Mandir Gwalior branch in gwalior

The MICR code 474015002 is used in RBI cheque clearing process to identify the branch Gola Ka Mandir Gwalior 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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