Canara Bank Surat Surat Gujarat MICR CODE

Find MICR Codes for Canara Bank Surat Surat Gujarat

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Majura Gate Surat
Contact 0261-2477100
Bank Details Canara Bank Majura Gate Surat CNRB0002029
Location Surat, Surat
City Surat
District Surat
State Gujarat
Pincode 395002
Country IN
Address Plot no12, madhavanagar, co-op hsg soc ltd. Ring road, majura gate,sangrampura 395002
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 395015005 for Majura Gate Surat 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 395015005 of Canara Bank, Majura Gate Surat branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Majura Gate Surat branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Majura Gate Surat

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 Majura Gate Surat 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. 395015005 is the MICR code of Canara Bank for Majura Gate Surat branch. MICR code for Majura Gate Surat 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 Majura Gate Surat is presented in the table alongside.

Use of Canara Bank MICR code for Majura Gate Surat branch in surat

The MICR code 395015005 is used in RBI cheque clearing process to identify the branch Majura Gate Surat 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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