Canara Bank Gaya Dist Gaya Bihar MICR CODE

Find MICR Codes for Canara Bank Gaya Dist Gaya Bihar

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Maranpur Gaya Bypass
Contact -
Bank Details Canara Bank Maranpur Gaya Bypass CNRB0007892
Location Gaya Dist, Gaya
City Gaya Dist
District Gaya
State Bihar
Pincode 823001
Country IN
Address Ghunghari tand, ps vishnupad, chandchaura po, gaya dist, bihar -823001.
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 Maranpur Gaya Bypass 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, Maranpur Gaya Bypass branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Maranpur Gaya Bypass 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 -

>>Maranpur Gaya Bypass

MICR code for Canara Bank Maranpur Gaya Bypass

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 Maranpur Gaya Bypass 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 Maranpur Gaya Bypass branch. MICR code for Maranpur Gaya Bypass 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 Maranpur Gaya Bypass is presented in the table alongside.

Use of Canara Bank MICR code for Maranpur Gaya Bypass branch in gaya dist

The MICR code 0 is used in RBI cheque clearing process to identify the branch Maranpur Gaya Bypass 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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