Canara Bank Madappally Kottayam Kerala MICR CODE

Find MICR Codes for Canara Bank Madappally Kottayam Kerala

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Madapally Branch (Kottayam Dist)
Contact 0481- 2479374
Bank Details Canara Bank Madapally Branch (Kottayam Dist) CNRB0003013
Location Madappally, Kottayam
City Madappally
District Kottayam
State Kerala
Pincode 686546
Country IN
Address Good shephered public school ,madapally p o,kottayam (dist)(kerala) -686546
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 0 for Madapally Branch (Kottayam Dist) 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 0 of Canara Bank, Madapally Branch (Kottayam Dist) branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Madapally Branch (Kottayam Dist) 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 -

>>Madapally Branch (Kottayam Dist)

MICR code for Canara Bank Madapally Branch (Kottayam Dist)

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 Madapally Branch (Kottayam Dist) 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. 0 is the MICR code of Canara Bank for Madapally Branch (Kottayam Dist) branch. MICR code for Madapally Branch (Kottayam Dist) 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 Madapally Branch (Kottayam Dist) is presented in the table alongside.

Use of Canara Bank MICR code for Madapally Branch (Kottayam Dist) branch in madappally

The MICR code 0 is used in RBI cheque clearing process to identify the branch Madapally Branch (Kottayam Dist) 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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