Canara Bank Samastipur Samastipur Bihar MICR CODE

Find MICR Codes for Canara Bank Samastipur Samastipur Bihar

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	848015504
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Madanpur Shivnagar
Contact	7070196407
Bank Details	Canara Bank Madanpur Shivnagar CNRB0006097

Location	Samastipur, Samastipur
City	Samastipur
District	Samastipur
State	Bihar
Pincode	848125
Country	IN
Address	Kushiari chowk madanpur shivnagar po karua,via pusa block kalyanpur dist samastipur pin 848125

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 848015504 for Madanpur Shivnagar 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 848015504 of Canara Bank, Madanpur Shivnagar branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Madanpur Shivnagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Canara Bank are available with micr code -

>>Bikrampur Bande >>Madanpur Shivnagar >>Samastipur >>Samastipur Ii

MICR code for Canara Bank Madanpur Shivnagar

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 Madanpur Shivnagar 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. 848015504 is the MICR code of Canara Bank for Madanpur Shivnagar branch. MICR code for Madanpur Shivnagar 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 Madanpur Shivnagar is presented in the table alongside.

Use of Canara Bank MICR code for Madanpur Shivnagar branch in samastipur

The MICR code 848015504 is used in RBI cheque clearing process to identify the branch Madanpur Shivnagar 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.

Copied!