Canara Bank Balaghat Hirapur Madhya Pradesh MICR CODE

Find MICR Codes for Canara Bank Balaghat Hirapur Madhya Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hirapur
Contact 0
Bank Details Canara Bank Hirapur CNRB0017748
Location Balaghat, Hirapur
City Balaghat
District Hirapur
State Madhya Pradesh
Pincode 481102
Country IN
Address Hirapur tehsil balaghat dist balaghat hirapur 481102
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 481015502 for Hirapur 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 481015502 of Canara Bank, Hirapur branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Hirapur 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 -

>>Hirapur

MICR code for Canara Bank Hirapur

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 Hirapur 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. 481015502 is the MICR code of Canara Bank for Hirapur branch. MICR code for Hirapur 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 Hirapur is presented in the table alongside.

Use of Canara Bank MICR code for Hirapur branch in balaghat

The MICR code 481015502 is used in RBI cheque clearing process to identify the branch Hirapur 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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