Canara Bank Malvan Malvan Maharashtra MICR CODE

Find MICR Codes for Canara Bank Malvan Malvan Maharashtra

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Malvan
Contact 0
Bank Details Canara Bank Malvan CNRB0015371
Location Malvan, Malvan
City Malvan
District Malvan
State Maharashtra
Pincode 416606
Country IN
Address H no 381 somwarpet sindhudurg malvan dist 416606
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.

Search Canara Bank MICR Codes in malvan

You can search through MICR Codes of Maharashtra branches in malvan of District malvan in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Canara Bank are available with micr code -

>>Malvan

How to find MICR codes for Canara Bank in malvan?

Canara Bank malvan MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Canara Bank MICR codes list for malvan, one can further search by branch name specified in the table. You can find MICR codes for all Canara Bank malvan branches.

Canara Bank MICR code in malvan

Canara Bank MICR code is a character recognition technology used by banks in the processing of cheques. Canara Bank MICR code for malvan branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Canara Bank branches in malvan, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Canara Bank MICR code for malvan branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Canara Bank malvan branch, sprinted 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. Thus MICR code for Canara Bank malvan branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Canara Bank MICR codes for malvan branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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