Canara Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Canara Bank Pune Pune Maharashtra

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kirkee Bazar Pune
Contact 020 - 25810557
Bank Details Canara Bank Kirkee Bazar Pune CNRB0000161
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode
Country IN
Address Office no.5 & 6,, kirkee business centre,, dr babasaheb ambedkar marg,, kirkee, pune
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 411015010 for Kirkee Bazar Pune 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 411015010 of Canara Bank, Kirkee Bazar Pune branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Kirkee Bazar Pune branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Kirkee Bazar Pune

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 Kirkee Bazar Pune 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. 411015010 is the MICR code of Canara Bank for Kirkee Bazar Pune branch. MICR code for Kirkee Bazar Pune 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 Kirkee Bazar Pune is presented in the table alongside.

Use of Canara Bank MICR code for Kirkee Bazar Pune branch in pune

The MICR code 411015010 is used in RBI cheque clearing process to identify the branch Kirkee Bazar Pune 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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