Canara Bank Jaora Ratlam Madhya Pradesh MICR CODE

Find MICR Codes for Canara Bank Jaora Ratlam Madhya Pradesh

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	457015051
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Jaora
Contact	220750
Bank Details	Canara Bank Jaora CNRB0005563

Location	Jaora, Ratlam
City	Jaora
District	Ratlam
State	Madhya Pradesh
Pincode	457226
Country	IN
Address	Canara bank h no 37 bar 1 sutaripura jaora dist ratlam jaora madhya pradesh 457226

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 457015051 for Jaora 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 457015051 of Canara Bank, Jaora branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Jaora 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 -

>>Jaora

MICR code for Canara Bank Jaora

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 Jaora 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. 457015051 is the MICR code of Canara Bank for Jaora branch. MICR code for Jaora 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 Jaora is presented in the table alongside.

Use of Canara Bank MICR code for Jaora branch in jaora

The MICR code 457015051 is used in RBI cheque clearing process to identify the branch Jaora 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.

Copied!