Canara Bank Chandauli Mughalsarai Uttar Pradesh MICR CODE

Find MICR Codes for Canara Bank Chandauli Mughalsarai Uttar Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mughal Sarai Ii
Contact 0
Bank Details Canara Bank Mughal Sarai Ii CNRB0019449
Location Chandauli, Mughalsarai
City Chandauli
District Mughalsarai
State Uttar Pradesh
Pincode 232101
Country IN
Address Canara bank no 14 nai basti near axis bank mughalsarai distt chandauli mughalsarai uttar pradesh india 232101
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 232015108 for Mughal Sarai Ii 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 232015108 of Canara Bank, Mughal Sarai Ii branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Mughal Sarai Ii 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 -

>>Mughal Sarai Ii

MICR code for Canara Bank Mughal Sarai Ii

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 Mughal Sarai Ii 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. 232015108 is the MICR code of Canara Bank for Mughal Sarai Ii branch. MICR code for Mughal Sarai Ii 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 Mughal Sarai Ii is presented in the table alongside.

Use of Canara Bank MICR code for Mughal Sarai Ii branch in chandauli

The MICR code 232015108 is used in RBI cheque clearing process to identify the branch Mughal Sarai Ii 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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