Canara Bank Kasegaon Sangli Maharashtra MICR CODE

Find MICR Codes for Canara Bank Kasegaon Sangli Maharashtra

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kasegaon
Contact
Bank Details Canara Bank Kasegaon CNRB0003781
Location Kasegaon, Sangli
City Kasegaon
District Sangli
State Maharashtra
Pincode 415404
Country IN
Address Canara bank, kasegaon paschimbhag vvk society,at post kasegaon, taluk walva dist sangli pin 415404
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 Kasegaon 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, Kasegaon branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Kasegaon 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 -

>>Kasegaon

MICR code for Canara Bank Kasegaon

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 Kasegaon 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 Kasegaon branch. MICR code for Kasegaon 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 Kasegaon is presented in the table alongside.

Use of Canara Bank MICR code for Kasegaon branch in kasegaon

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