Canara Bank Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for Canara Bank Mumbai Greater Bombay Maharashtra

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Central Processing Centre Vostro Mumbai
Contact 022-22642133
Bank Details Canara Bank Central Processing Centre Vostro Mumbai CNRB0003004
Location Mumbai, Greater Bombay
City Mumbai
District Greater Bombay
State Maharashtra
Pincode 400001
Country IN
Address Canara bank,no 11, varma chambers, i floor, homji street, fort mumbai-400001
MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vasai West Mumbai
Contact
Bank Details Canara Bank Vasai West Mumbai CNRB0003912
Location Mumbai, Greater Bombay
City Mumbai
District Greater Bombay
State Maharashtra
Pincode 401202
Country IN
Address Canara bank,c/o sebastian gregory almedia manikpur, god's gift bunglow mary villa stop vasai road west mumbai-401202
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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 to find MICR codes for Canara Bank in mumbai?

Canara Bank mumbai MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Canara Bank MICR codes list for mumbai, one can further search by branch name specified in the table. You can find MICR codes for all Canara Bank mumbai branches.

Canara Bank MICR code in mumbai

Canara Bank MICR code is a character recognition technology used by banks in the processing of cheques. Canara Bank MICR code for mumbai branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Canara Bank branches in mumbai, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Canara Bank MICR code for mumbai branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Canara Bank mumbai branch, sprinted 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. Thus MICR code for Canara Bank mumbai branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Canara Bank MICR codes for mumbai branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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