Canara Bank Madurai Melur Tamil Nadu MICR CODE

Find MICR Codes for Canara Bank Madurai Melur Tamil Nadu

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MICR Code	625015145
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Melur
Contact
Bank Details	Canara Bank Melur CNRB0016211

Location	Madurai, Melur
City	Madurai
District	Melur
State	Tamil Nadu
Pincode
Country	IN
Address	No 868 a govindan complex madurai main road melur madurai district

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 625015145 for Melur 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 625015145 of Canara Bank, Melur branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Melur 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 -

>>Melur

MICR code for Canara Bank Melur

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 Melur 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. 625015145 is the MICR code of Canara Bank for Melur branch. MICR code for Melur 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 Melur is presented in the table alongside.

Use of Canara Bank MICR code for Melur branch in madurai

The MICR code 625015145 is used in RBI cheque clearing process to identify the branch Melur 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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