Canara Bank North 24 Parganas Malatipur West Bengal MICR CODE

Find MICR Codes for Canara Bank North 24 Parganas Malatipur West Bengal

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Malatipur
Contact 0
Bank Details Canara Bank Malatipur CNRB0019576
Location North 24 Parganas, Malatipur
City North 24 Parganas
District Malatipur
State West Bengal
Pincode 743445
Country IN
Address Viagopalpurbasirhat block iidist north 24 parganasstate west bengalpin 743 445
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 700015163 for Malatipur 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 700015163 of Canara Bank, Malatipur branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Malatipur 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 -

>>Malatipur

MICR code for Canara Bank Malatipur

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 Malatipur 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. 700015163 is the MICR code of Canara Bank for Malatipur branch. MICR code for Malatipur 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 Malatipur is presented in the table alongside.

Use of Canara Bank MICR code for Malatipur branch in north 24 parganas

The MICR code 700015163 is used in RBI cheque clearing process to identify the branch Malatipur 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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