Canara Bank Calicut Kozhikode Kerala MICR CODE

Find MICR Codes for Canara Bank Calicut Kozhikode Kerala

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State
District
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MICR Code	-NA-
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Koothali
Contact	0496-2610400
Bank Details	Canara Bank Koothali CNRB0004086

Location	Calicut, Kozhikode
City	Calicut
District	Kozhikode
State	Kerala
Pincode	673525
Country	IN
Address	Xii/316a, 316/b, 316/c ground floor koothali p o calicut dist 673525

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 Koothali 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, Koothali branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Koothali branch, makes the characters readable even if there are other marks and stamps on it.

A total of 17 branches of Canara Bank are available with micr code -

>>Calicut >>Calicut Chalapuram >>Calicut Thondayad >>Calicut Westhill >>Cherooty Road Main Calicut >>Karaparamba >>Koothali >>Local Processing Centre Calicut >>Mavoor Road Calicut >>Nallam >>Parakkadavu >>Parambil Bazar >>Payyanakkal >>Premises And Estate Section Co Calicut >>Rah Calicut >>Ssi Branch Calicut >>Vellimadakunnu Calicut

MICR code for Canara Bank Koothali

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

Use of Canara Bank MICR code for Koothali branch in calicut

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