Canara Bank Jabalpur Jabalpur Madhya Pradesh MICR CODE

Find MICR Codes for Canara Bank Jabalpur Jabalpur Madhya Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jabalpur Gorakhpur
Contact Cb5201@canarabank.Com
Bank Details Canara Bank Jabalpur Gorakhpur CNRB0005201
Location Jabalpur, Jabalpur
City Jabalpur
District Jabalpur
State Madhya Pradesh
Pincode 482001
Country IN
Address Canara bank, j r sama complex 78 narbada road, katinga crossing jabalpur (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 Jabalpur Gorakhpur 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, Jabalpur Gorakhpur branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Jabalpur Gorakhpur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Jabalpur Gorakhpur

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 Jabalpur Gorakhpur 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 Jabalpur Gorakhpur branch. MICR code for Jabalpur Gorakhpur 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 Jabalpur Gorakhpur is presented in the table alongside.

Use of Canara Bank MICR code for Jabalpur Gorakhpur branch in jabalpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Jabalpur Gorakhpur 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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