Canara Bank Kundadam Erode Tamil Nadu MICR CODE

Find MICR Codes for Canara Bank Kundadam Erode Tamil Nadu

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kundadam
Contact 04258-263227
Bank Details Canara Bank Kundadam CNRB0001242
Location Kundadam, Erode
City Kundadam
District Erode
State Tamil Nadu
Pincode 683702
Country IN
Address 45-b kovai road,, kundadam, erode dist, tamil nadu - 683 702
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.

Search Canara Bank MICR Codes in erode

You can search through MICR Codes of Tamil Nadu branches in kundadam of District erode in Tamil Nadu State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Canara Bank are available with micr code -

>>Kundadam

How to find MICR codes for Canara Bank in kundadam?

Canara Bank kundadam MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Canara Bank MICR codes list for kundadam, one can further search by branch name specified in the table. You can find MICR codes for all Canara Bank kundadam branches.

Canara Bank MICR code in kundadam

Canara Bank MICR code is a character recognition technology used by banks in the processing of cheques. Canara Bank MICR code for kundadam branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Canara Bank branches in kundadam, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Canara Bank MICR code for kundadam branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Canara Bank kundadam branch, sprinted 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. Thus MICR code for Canara Bank kundadam branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Canara Bank MICR codes for kundadam branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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