Canara Bank Thane Thane Maharashtra MICR CODE

Find MICR Codes for Canara Bank Thane Thane Maharashtra

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kulgaon
Contact 95251-2583630
Bank Details Canara Bank Kulgaon CNRB0000215
Location Thane, Thane
City Thane
District Thane
State Maharashtra
Pincode 421503
Country IN
Address Ist floor, jadav market bld, , opp. Station (badlapur), , kulgaon 421 503
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 400015085 for Kulgaon 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 400015085 of Canara Bank, Kulgaon branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Kulgaon branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Kulgaon

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 Kulgaon 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. 400015085 is the MICR code of Canara Bank for Kulgaon branch. MICR code for Kulgaon 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 Kulgaon is presented in the table alongside.

Use of Canara Bank MICR code for Kulgaon branch in thane

The MICR code 400015085 is used in RBI cheque clearing process to identify the branch Kulgaon 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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