Canara Bank Kodakara Thrissur Kerala MICR CODE

Find MICR Codes for Canara Bank Kodakara Thrissur Kerala

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kodagara
Contact 0480-2721133
Bank Details Canara Bank Kodagara CNRB0003536
Location Kodakara, Thrissur
City Kodakara
District Thrissur
State Kerala
Pincode 680307
Country IN
Address Panthalookaran buildings,15/8/g&h, kodakara, trichur dist. (kerala)
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 Kodagara 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, Kodagara branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Kodagara 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 -

>>Kodagara

MICR code for Canara Bank Kodagara

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

Use of Canara Bank MICR code for Kodagara branch in kodakara

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