Canara Bank Silvasa Dadraandnagar Haveli Dadra And Nagar Haveli MICR CODE

Find MICR Codes for Canara Bank Silvasa Dadraandnagar Haveli Dadra And Nagar Haveli

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mota Randha
Contact 0260-2997247
Bank Details Canara Bank Mota Randha CNRB0003891
Location Silvasa, Dadraandnagar Haveli
City Silvasa
District Dadraandnagar Haveli
State Dadra And Nagar Haveli
Pincode 396230
Country IN
Address Canara bank, choki pada. Mota randha. Pin- 396 230. Dist - silvassa unino teretorry of dnh.
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 Mota Randha 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, Mota Randha branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Mota Randha 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 -

>>Mota Randha

MICR code for Canara Bank Mota Randha

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 Mota Randha 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 Mota Randha branch. MICR code for Mota Randha 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 Mota Randha is presented in the table alongside.

Use of Canara Bank MICR code for Mota Randha branch in silvasa

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