Canara Bank Karur Karur Tamil Nadu MICR CODE

Find MICR Codes for Canara Bank Karur Karur Tamil Nadu

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Karur Textile Park Puthampur
Contact 04324-291010
Bank Details Canara Bank Karur Textile Park Puthampur CNRB0003542
Location Karur, Karur
City Karur
District Karur
State Tamil Nadu
Pincode 639003
Country IN
Address Canara bank,karur textile park, puthampur ,thalapatti panchayth,karur - 639003 dist: karur (tn)
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 Textile Park Puthampur 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 Textile Park Puthampur branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Karur Textile Park Puthampur 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 Textile Park Puthampur

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 Textile Park Puthampur 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 Textile Park Puthampur branch. MICR code for Karur Textile Park Puthampur 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 Textile Park Puthampur is presented in the table alongside.

Use of Canara Bank MICR code for Karur Textile Park Puthampur branch in karur

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