Canara Bank Raigad Patalaganga Maharashtra MICR CODE

Find MICR Codes for Canara Bank Raigad Patalaganga Maharashtra

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Khalapur Khaira Patalganga Ril
Contact 0
Bank Details Canara Bank Khalapur Khaira Patalganga Ril CNRB0015216
Location Raigad, Patalaganga
City Raigad
District Patalaganga
State Maharashtra
Pincode 410220
Country IN
Address Reliance industries b 4 midc industrial area patalaganga raigad 410 220
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 400015508 for Khalapur Khaira Patalganga Ril 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 400015508 of Canara Bank, Khalapur Khaira Patalganga Ril branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Khalapur Khaira Patalganga Ril 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 -

>>Khalapur Khaira Patalganga Ril

MICR code for Canara Bank Khalapur Khaira Patalganga Ril

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 Khalapur Khaira Patalganga Ril 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. 400015508 is the MICR code of Canara Bank for Khalapur Khaira Patalganga Ril branch. MICR code for Khalapur Khaira Patalganga Ril 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 Khalapur Khaira Patalganga Ril is presented in the table alongside.

Use of Canara Bank MICR code for Khalapur Khaira Patalganga Ril branch in raigad

The MICR code 400015508 is used in RBI cheque clearing process to identify the branch Khalapur Khaira Patalganga Ril 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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