Canara Bank Pune Moshi Maharashtra MICR CODE

Find MICR Codes for Canara Bank Pune Moshi Maharashtra

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Moshi
Contact 0
Bank Details Canara Bank Moshi CNRB0007555
Location Pune, Moshi
City Pune
District Moshi
State Maharashtra
Pincode 412105
Country IN
Address Gate no 301 302,tupe vasti,moshi,pimpri chinchwad,pune,maharashtra 412105
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 Moshi 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, Moshi branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Moshi 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 -

>>Moshi

MICR code for Canara Bank Moshi

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

Use of Canara Bank MICR code for Moshi branch in pune

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