Canara Bank Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for Canara Bank Nagpur Nagpur Maharashtra

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Khamla Nagpur
Contact 0712-2288356
Bank Details Canara Bank Khamla Nagpur CNRB0002810
Location Nagpur, Nagpur
City Nagpur
District Nagpur
State Maharashtra
Pincode 440022
Country IN
Address Plot no.1a, shantiniketan, chs, ring road, khamla,, n a g p u r 440022
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 440015009 for Khamla Nagpur 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 440015009 of Canara Bank, Khamla Nagpur branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Khamla Nagpur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Khamla Nagpur

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 Khamla Nagpur 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. 440015009 is the MICR code of Canara Bank for Khamla Nagpur branch. MICR code for Khamla Nagpur 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 Khamla Nagpur is presented in the table alongside.

Use of Canara Bank MICR code for Khamla Nagpur branch in nagpur

The MICR code 440015009 is used in RBI cheque clearing process to identify the branch Khamla Nagpur 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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