Canara Bank Jamshedpur Purbi Singhbhum Jharkhand MICR CODE

Find MICR Codes for Canara Bank Jamshedpur Purbi Singhbhum Jharkhand

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MICR Code	831015006
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Loyola School Jamshedpur
Contact	657-2224320
Bank Details	Canara Bank Loyola School Jamshedpur CNRB0002731

Location	Jamshedpur, Purbi Singhbhum
City	Jamshedpur
District	Purbi Singhbhum
State	Jharkhand
Pincode	831012
Country	IN
Address	Bistupur, jamshedpur, jarkhand

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 831015006 for Loyola School Jamshedpur 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 831015006 of Canara Bank, Loyola School Jamshedpur branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Loyola School Jamshedpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of Canara Bank are available with micr code -

>>Chotta Govindpur >>Dimma Road Jamshedpur >>Golmuri Jamshedpur >>Jamshedpur >>Jamshedpur Bistupur (Main) >>Jamshedpur Trf Br >>Kabir Memorial Urdu >>Loyola School Jamshedpur >>Sakchi Jamshedpur >>Telco Colony Jamshedpur >>Toiladungri Br

MICR code for Canara Bank Loyola School Jamshedpur

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 Loyola School Jamshedpur 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. 831015006 is the MICR code of Canara Bank for Loyola School Jamshedpur branch. MICR code for Loyola School Jamshedpur 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 Loyola School Jamshedpur is presented in the table alongside.

Use of Canara Bank MICR code for Loyola School Jamshedpur branch in jamshedpur

The MICR code 831015006 is used in RBI cheque clearing process to identify the branch Loyola School Jamshedpur 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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