Canara Bank Jaora Ratlam Madhya Pradesh MICR CODE

Find MICR Codes for Canara Bank Jaora Ratlam Madhya Pradesh

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MICR Code
Bank Canara Bank
Business Hours
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.

Search Canara Bank MICR Codes in ratlam

You can search through MICR Codes of Madhya Pradesh branches in jaora of District ratlam in Madhya Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Canara Bank are available with micr code -

>>Jaora

How to find MICR codes for Canara Bank in jaora?

Canara Bank jaora MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Canara Bank MICR codes list for jaora, one can further search by branch name specified in the table. You can find MICR codes for all Canara Bank jaora branches.

Canara Bank MICR code in jaora

Canara Bank MICR code is a character recognition technology used by banks in the processing of cheques. Canara Bank MICR code for jaora branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Canara Bank branches in jaora, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Canara Bank MICR code for jaora branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Canara Bank jaora branch, sprinted 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. Thus MICR code for Canara Bank jaora branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Canara Bank MICR codes for jaora branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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