Canara Bank Bokaro Bokaro Jharkhand MICR CODE

Find MICR Codes for Canara Bank Bokaro Bokaro Jharkhand

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jaina More Ii
Contact 0
Bank Details Canara Bank Jaina More Ii CNRB0017459
Location Bokaro, Bokaro
City Bokaro
District Bokaro
State Jharkhand
Pincode 829301
Country IN
Address Canara bank 1st floor garg mansion jaina more jaridih bokaro jharkhand 829301
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 827015014 for Jaina More 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 827015014 of Canara Bank, Jaina More Ii branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Jaina More Ii branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Jaina More 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 Jaina More 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. 827015014 is the MICR code of Canara Bank for Jaina More Ii branch. MICR code for Jaina More 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 Jaina More Ii is presented in the table alongside.

Use of Canara Bank MICR code for Jaina More Ii branch in bokaro

The MICR code 827015014 is used in RBI cheque clearing process to identify the branch Jaina More 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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