Canara Bank Mahuva Bhavnagar Gujarat MICR CODE

Find MICR Codes for Canara Bank Mahuva Bhavnagar Gujarat

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mahuva
Contact 9725718346
Bank Details Canara Bank Mahuva CNRB0005956
Location Mahuva, Bhavnagar
City Mahuva
District Bhavnagar
State Gujarat
Pincode 364290
Country IN
Address Ground floor shyam appartment garden road,mohuva distt bhavnagar gujarat 364290
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 364015091 for Mahuva 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 364015091 of Canara Bank, Mahuva branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Mahuva 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 -

>>Mahuva

MICR code for Canara Bank Mahuva

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 Mahuva 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. 364015091 is the MICR code of Canara Bank for Mahuva branch. MICR code for Mahuva 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 Mahuva is presented in the table alongside.

Use of Canara Bank MICR code for Mahuva branch in mahuva

The MICR code 364015091 is used in RBI cheque clearing process to identify the branch Mahuva 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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