Canara Bank Rangareddy Moinabad Telangana MICR CODE

Find MICR Codes for Canara Bank Rangareddy Moinabad Telangana

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Moinabad Jbit
Contact 0
Bank Details Canara Bank Moinabad Jbit CNRB0013083
Location Rangareddy, Moinabad
City Rangareddy
District Moinabad
State Telangana
Pincode 500075
Country IN
Address J bhaskar rao institute of engi and tech amdtsur cross roads moinabad rangareddy 500 075
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 500015149 for Moinabad Jbit 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 500015149 of Canara Bank, Moinabad Jbit branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Moinabad Jbit 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 -

>>Moinabad Jbit

MICR code for Canara Bank Moinabad Jbit

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 Moinabad Jbit 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. 500015149 is the MICR code of Canara Bank for Moinabad Jbit branch. MICR code for Moinabad Jbit 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 Moinabad Jbit is presented in the table alongside.

Use of Canara Bank MICR code for Moinabad Jbit branch in rangareddy

The MICR code 500015149 is used in RBI cheque clearing process to identify the branch Moinabad Jbit 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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