Canara Bank Karur Karur Tamil Nadu MICR CODE

Find MICR Codes for Canara Bank Karur Karur Tamil Nadu

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MICR Code	-NA-
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Karur Sme
Contact	0431 2468218
Bank Details	Canara Bank Karur Sme CNRB0004037

Location	Karur, Karur
City	Karur
District	Karur
State	Tamil Nadu
Pincode	639002
Country	IN
Address	37, vaiyapuri nagar, karur 639002, tamilnadu

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

A total of 6 branches of Canara Bank are available with micr code -

>>Karur (Karur Dist) >>Karur Sme >>Karur Textile Park Puthampur >>Panikampatti >>Retail Assets Hub Karur >>Specialised Sme Branch Karur Ii

MICR code for Canara Bank Karur Sme

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 Karur Sme 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 Karur Sme branch. MICR code for Karur Sme 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 Karur Sme is presented in the table alongside.

Use of Canara Bank MICR code for Karur Sme branch in karur

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