Canara Bank Palamu Mohammadganj Jharkhand MICR CODE

Find MICR Codes for Canara Bank Palamu Mohammadganj Jharkhand

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State
District
City
Branch
Address

MICR Code	-NA-
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mohammadganj
Contact	0
Bank Details	Canara Bank Mohammadganj CNRB0007356

Location	Palamu, Mohammadganj
City	Palamu
District	Mohammadganj
State	Jharkhand
Pincode	822120
Country	IN
Address	Mohammadganj village po palamu dist jharkhand 822120

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

>>Mohammadganj

MICR code for Canara Bank Mohammadganj

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 Mohammadganj 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 Mohammadganj branch. MICR code for Mohammadganj 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 Mohammadganj is presented in the table alongside.

Use of Canara Bank MICR code for Mohammadganj branch in palamu

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mohammadganj 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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