Canara Bank Raigad Kalamboli Maharashtra MICR CODE

Find MICR Codes for Canara Bank Raigad Kalamboli Maharashtra

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kalamboli Ii
Contact 0
Bank Details Canara Bank Kalamboli Ii CNRB0015215
Location Raigad, Kalamboli
City Raigad
District Kalamboli
State Maharashtra
Pincode 410218
Country IN
Address First floor central facility building steel market yard kalamboli navi mumbai raigad 410 218
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 400015234 for Kalamboli 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 400015234 of Canara Bank, Kalamboli Ii branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Kalamboli Ii 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 -

>>Kalamboli Ii

MICR code for Canara Bank Kalamboli 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 Kalamboli 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. 400015234 is the MICR code of Canara Bank for Kalamboli Ii branch. MICR code for Kalamboli 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 Kalamboli Ii is presented in the table alongside.

Use of Canara Bank MICR code for Kalamboli Ii branch in raigad

The MICR code 400015234 is used in RBI cheque clearing process to identify the branch Kalamboli 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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