Canara Bank Jamshedpur Jamshedpur Jharkhand MICR CODE

Find MICR Codes for Canara Bank Jamshedpur Jamshedpur Jharkhand

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MICR Code	831015024
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Jugsalai Ii
Contact	0
Bank Details	Canara Bank Jugsalai Ii CNRB0017468

Location	Jamshedpur, Jamshedpur
City	Jamshedpur
District	Jamshedpur
State	Jharkhand
Pincode	831002
Country	IN
Address	Canara bank hotel kailash regency buldg station road jugsalai jamshedpur jharkhand 831002

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 831015024 for Jugsalai 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 831015024 of Canara Bank, Jugsalai Ii branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Jugsalai Ii branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Canara Bank are available with micr code -

>>Adityapur >>Jamshedpur Kadma Ii >>Jamshedpur Mango Ii >>Jugsalai Ii >>Spld Mid Corporate Br Jamshedpur

MICR code for Canara Bank Jugsalai 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 Jugsalai 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. 831015024 is the MICR code of Canara Bank for Jugsalai Ii branch. MICR code for Jugsalai 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 Jugsalai Ii is presented in the table alongside.

Use of Canara Bank MICR code for Jugsalai Ii branch in jamshedpur

The MICR code 831015024 is used in RBI cheque clearing process to identify the branch Jugsalai 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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