Canara Bank Jamshedpur Purbi Singhbhum Jharkhand MICR CODE

Find MICR Codes for Canara Bank Jamshedpur Purbi Singhbhum Jharkhand

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Golmuri Jamshedpur
Contact 657- 2340184
Bank Details Canara Bank Golmuri Jamshedpur CNRB0001388
Location Jamshedpur, Purbi Singhbhum
City Jamshedpur
District Purbi Singhbhum
State Jharkhand
Pincode 831003
Country IN
Address Marevah arcade, masjid rd , golmuri market , jamshedpur 831 003
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 831015004 for Golmuri Jamshedpur 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 831015004 of Canara Bank, Golmuri Jamshedpur branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Golmuri Jamshedpur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Golmuri Jamshedpur

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 Golmuri Jamshedpur 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. 831015004 is the MICR code of Canara Bank for Golmuri Jamshedpur branch. MICR code for Golmuri Jamshedpur 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 Golmuri Jamshedpur is presented in the table alongside.

Use of Canara Bank MICR code for Golmuri Jamshedpur branch in jamshedpur

The MICR code 831015004 is used in RBI cheque clearing process to identify the branch Golmuri Jamshedpur 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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