Canara Bank Guhagar Ratnagiri Maharashtra MICR CODE

Find MICR Codes for Canara Bank Guhagar Ratnagiri Maharashtra

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MICR Code	415015506
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Guhagar
Contact	7774055241
Bank Details	Canara Bank Guhagar CNRB0005638

Location	Guhagar, Ratnagiri
City	Guhagar
District	Ratnagiri
State	Maharashtra
Pincode	415703
Country	IN
Address	Canara bank sri rajendra sitaram arekar sitaram complex 1st floor bazar peth guhagar maharashtra 415703

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 415015506 for Guhagar 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 415015506 of Canara Bank, Guhagar branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Guhagar 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 -

>>Guhagar

MICR code for Canara Bank Guhagar

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 Guhagar 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. 415015506 is the MICR code of Canara Bank for Guhagar branch. MICR code for Guhagar 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 Guhagar is presented in the table alongside.

Use of Canara Bank MICR code for Guhagar branch in guhagar

The MICR code 415015506 is used in RBI cheque clearing process to identify the branch Guhagar 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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