Canara Bank Gurgaon Gurgaon Haryana MICR CODE

Find MICR Codes for Canara Bank Gurgaon Gurgaon Haryana

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gurgaon New Palam Vihar
Contact 123
Bank Details Canara Bank Gurgaon New Palam Vihar CNRB0006619
Location Gurgaon, Gurgaon
City Gurgaon
District Gurgaon
State Haryana
Pincode 122017
Country IN
Address Canara bank plot no 139,yadav mkt,new palam vihar,phase 1,gurgaon harayana 122017
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 0 for Gurgaon New Palam Vihar 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 0 of Canara Bank, Gurgaon New Palam Vihar branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Gurgaon New Palam Vihar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Gurgaon New Palam Vihar

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 Gurgaon New Palam Vihar 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. 0 is the MICR code of Canara Bank for Gurgaon New Palam Vihar branch. MICR code for Gurgaon New Palam Vihar 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 Gurgaon New Palam Vihar is presented in the table alongside.

Use of Canara Bank MICR code for Gurgaon New Palam Vihar branch in gurgaon

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gurgaon New Palam Vihar 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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