Canara Bank Bastar Jagdalpur Chhattisgarh MICR CODE

Find MICR Codes for Canara Bank Bastar Jagdalpur Chhattisgarh

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MICR Code	494015003
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Jagdalpur Ii
Contact	0
Bank Details	Canara Bank Jagdalpur Ii CNRB0017716

Location	Bastar, Jagdalpur
City	Bastar
District	Jagdalpur
State	Chhattisgarh
Pincode	494001
Country	IN
Address	Complexpalace roadjagdalpurdist bastarstate chattisgarhpin 494 001

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 494015003 for Jagdalpur Ii 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 494015003 of Canara Bank, Jagdalpur Ii branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Jagdalpur Ii branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Canara Bank are available with micr code -

>>Ghatpadmur >>Jagdalpur Ii

MICR code for Canara Bank Jagdalpur Ii

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 Jagdalpur Ii 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. 494015003 is the MICR code of Canara Bank for Jagdalpur Ii branch. MICR code for Jagdalpur Ii 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 Jagdalpur Ii is presented in the table alongside.

Use of Canara Bank MICR code for Jagdalpur Ii branch in bastar

The MICR code 494015003 is used in RBI cheque clearing process to identify the branch Jagdalpur Ii 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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