Canara Bank Karad Karad Maharashtra MICR CODE

Find MICR Codes for Canara Bank Karad Karad Maharashtra

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Karad Currency Chest
Contact 0
Bank Details Canara Bank Karad Currency Chest CNRB0007032
Location Karad, Karad
City Karad
District Karad
State Maharashtra
Pincode 415110
Country IN
Address Plot no 499 opp pankaj lawns shaniwar peth karad satara dist maharashtra 415110
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 karad

You can search through MICR Codes of Maharashtra branches in karad of District karad in Maharashtra 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 -

>>Karad Currency Chest

How to find MICR codes for Canara Bank in karad?

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

Canara Bank MICR code in karad

Canara Bank MICR code is a character recognition technology used by banks in the processing of cheques. Canara Bank MICR code for karad 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 karad, 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 karad 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 karad 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 karad branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Canara Bank MICR codes for karad 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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