Canara Bank Cannur Cannur Kerala MICR CODE

Find MICR Codes for Canara Bank Cannur Cannur Kerala

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kannur R O
Contact 2471222
Bank Details Canara Bank Kannur R O CNRB0007964
Location Cannur, Cannur
City Cannur
District Cannur
State Kerala
Pincode 670001
Country IN
Address Canara bank 1st floor,neelankal complex,p m road,talap kannur kerala 670002
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 Kannur R O 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, Kannur R O branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Kannur R O 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 -

>>Alexnagar >>Chakkarakkallu >>Kannur >>Kannur R O >>Mattanur Kannur Dist.

MICR code for Canara Bank Kannur R O

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 Kannur R O 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 Kannur R O branch. MICR code for Kannur R O 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 Kannur R O is presented in the table alongside.

Use of Canara Bank MICR code for Kannur R O branch in cannur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kannur R O 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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