Canara Bank Jhalak Saraikela Jharkhand MICR CODE

Find MICR Codes for Canara Bank Jhalak Saraikela Jharkhand

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jhalak
Contact 06582-256870
Bank Details Canara Bank Jhalak CNRB0001932
Location Jhalak, Saraikela
City Jhalak
District Saraikela
State Jharkhand
Pincode 833201
Country IN
Address P o kesargadia, vill.bhurkulisinghbhum west, singhbhum, dist seraikela-kharsawan (jharkhand) - 833201
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 Jhalak 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, Jhalak branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Jhalak 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 -

>>Jhalak

MICR code for Canara Bank Jhalak

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 Jhalak 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 Jhalak branch. MICR code for Jhalak 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 Jhalak is presented in the table alongside.

Use of Canara Bank MICR code for Jhalak branch in jhalak

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