|
||||||||||||||
|
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 of Canara Bank, branch makes the system almost error free and faster. Use of Canara Bank MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.
>>Accounts Section Patna >>Anishabad (Ssb) Patna >>Asset Recovery Management Branch >>Bahadurpur >>Boring Road Patna >>Bseb Extn Counter Patna >>Budhmarg Patna >>Gm Road Patna >>Hanuman Nagar Patna >>Kadam Kuan Patna >>Kanchanpur >>Kankarbagh Patna >>Lodipur >>Micro Finance Patna >>Mid Corporate Branch >>Mithapur Bus Stand Patna >>Msme Sulabh Hajipur >>Msme Sulabh Patna I >>Msme Sulabh Patna I >>Nayachak >>Nri Hub Patna >>Pataliputra Colony Patna >>Patna >>Patna Agamkaun >>Patna Ashok Rajpath >>Patna Ashok Rajpath Ii >>Patna Bailey Road >>Patna Bhoot Nath Road >>Patna Boring Road Ii >>Patna Central Processing Cell >>Patna Central School Jaganpura >>Patna City >>Patna Digha >>Patna Drm Extn Khagaul >>Patna Exhibition Road >>Patna Hanuman Nagar Ii >>Patna Jakariapur >>Patna Kidwaipuri >>Patna R O >>Patna Ramnagri >>Patna Saguna More >>Patna Saidpur >>Patna Sandalpur >>Patna Saristabad >>Patna South Gandhi Maidan (Mn) >>Premises And Estate Section Co Patna >>Rah Patna >>Raja Bazaar Patna >>Rajendranagar Patna >>Rajivnagar Patna >>Regional Office Ii Patna >>S K Nagar >>Sampatchak >>Sme Branch Patna >>Spld Large Corporate Branch Patna >>Zonal Inspectorate Patna
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 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. is the MICR code of Canara Bank for branch. MICR code for 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 is presented in the table alongside.
The MICR code is used in RBI cheque clearing process to identify the branch 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.