Canara Bank Gwalior Gwalior Madhya Pradesh MICR CODE

Find MICR Codes for Canara Bank Gwalior Gwalior Madhya Pradesh

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State
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MICR Code	-NA-
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Gwalior Nayi Sadak
Contact	0755 2766377
Bank Details	Canara Bank Gwalior Nayi Sadak CNRB0005271

Location	Gwalior, Gwalior
City	Gwalior
District	Gwalior
State	Madhya Pradesh
Pincode
Country	IN
Address	Jeevaji ganj, in front of ratan colony nayi sadak gwalior (m p)

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 Gwalior Nayi Sadak 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, Gwalior Nayi Sadak branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Gwalior Nayi Sadak branch, makes the characters readable even if there are other marks and stamps on it.

A total of 18 branches of Canara Bank are available with micr code -

>>Gola Ka Mandir Gwalior >>Gwaliar >>Gwalior City Centre >>Gwalior Hazira >>Gwalior Iii >>Gwalior Lic City Centre >>Gwalior Madhavganj >>Gwalior Maharaj Bada >>Gwalior Morar >>Gwalior Nayi Sadak >>Gwalior R O >>Gwalior Shinde Ki Chavani >>Gwalior Sme >>Gwalior Transport Nagar >>Harda Ii >>Msme Sulabh Gwalior >>Phool Bagh Gwalior >>Rah Gwalior

MICR code for Canara Bank Gwalior Nayi Sadak

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 Gwalior Nayi Sadak 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 Gwalior Nayi Sadak branch. MICR code for Gwalior Nayi Sadak 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 Gwalior Nayi Sadak is presented in the table alongside.

Use of Canara Bank MICR code for Gwalior Nayi Sadak branch in gwalior

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gwalior Nayi Sadak 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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