Canara Bank Khandala Satara Maharashtra MICR CODE

Find MICR Codes for Canara Bank Khandala Satara Maharashtra

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kesurdi
Contact Cb4511@canarabank.Com
Bank Details Canara Bank Kesurdi CNRB0004511
Location Khandala, Satara
City Khandala
District Satara
State Maharashtra
Pincode 412802
Country IN
Address Behind z p school, at kesurdi, p o naigaon, tal khandala, dist satara - 412802
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 Kesurdi 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, Kesurdi branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Kesurdi 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 -

>>Kesurdi

MICR code for Canara Bank Kesurdi

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

Use of Canara Bank MICR code for Kesurdi branch in khandala

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