Canara Bank Chhindwara Mokhed Madhya Pradesh MICR CODE

Find MICR Codes for Canara Bank Chhindwara Mokhed Madhya Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Linga
Contact 0
Bank Details Canara Bank Linga CNRB0017743
Location Chhindwara, Mokhed
City Chhindwara
District Mokhed
State Madhya Pradesh
Pincode 480001
Country IN
Address Khasra 7 10 phno47 vill linga tehsil mohkhed dist chindwara madhya pradesh india 480001
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 480015002 for Linga 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 480015002 of Canara Bank, Linga branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Linga 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 -

>>Linga

MICR code for Canara Bank Linga

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 Linga 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. 480015002 is the MICR code of Canara Bank for Linga branch. MICR code for Linga 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 Linga is presented in the table alongside.

Use of Canara Bank MICR code for Linga branch in chhindwara

The MICR code 480015002 is used in RBI cheque clearing process to identify the branch Linga 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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