Canara Bank Yercaud Salem Tamil Nadu MICR CODE

Find MICR Codes for Canara Bank Yercaud Salem Tamil Nadu

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gorimedu Salem
Contact Cb5639@canarabank.Com
Bank Details Canara Bank Gorimedu Salem CNRB0005639
Location Yercaud, Salem
City Yercaud
District Salem
State Tamil Nadu
Pincode 636008
Country IN
Address 86 / 10b yercaud main road, gorimedu, salem 636008
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 636015055 for Gorimedu Salem 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 636015055 of Canara Bank, Gorimedu Salem branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Gorimedu Salem branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Canara Bank are available with micr code -

>>Gorimedu Salem >>Yercaud

MICR code for Canara Bank Gorimedu Salem

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 Gorimedu Salem 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. 636015055 is the MICR code of Canara Bank for Gorimedu Salem branch. MICR code for Gorimedu Salem 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 Gorimedu Salem is presented in the table alongside.

Use of Canara Bank MICR code for Gorimedu Salem branch in yercaud

The MICR code 636015055 is used in RBI cheque clearing process to identify the branch Gorimedu Salem 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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