Canara Bank Meerut Meerut Uttar Pradesh MICR CODE

Find MICR Codes for Canara Bank Meerut Meerut Uttar Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Meerut Saket
Contact 0
Bank Details Canara Bank Meerut Saket CNRB0018551
Location Meerut, Meerut
City Meerut
District Meerut
State Uttar Pradesh
Pincode 250003
Country IN
Address 201 saket meerut meerut 250 003
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 250015020 for Meerut Saket 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 250015020 of Canara Bank, Meerut Saket branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Meerut Saket branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Meerut Saket

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 Meerut Saket 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. 250015020 is the MICR code of Canara Bank for Meerut Saket branch. MICR code for Meerut Saket 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 Meerut Saket is presented in the table alongside.

Use of Canara Bank MICR code for Meerut Saket branch in meerut

The MICR code 250015020 is used in RBI cheque clearing process to identify the branch Meerut Saket 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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