Canara Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Canara Bank Mumbai Mumbai Maharashtra

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MICR Code	400015025
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mumbai Fort Market(Frere Road)
Contact	022-2261 4735
Bank Details	Canara Bank Mumbai Fort Market(Frere Road) CNRB0000214

Location	Mumbai, Mumbai
City	Mumbai
District	Mumbai
State	Maharashtra
Pincode	400004
Country	IN
Address	Pb no. 10119, g.p.o., pandiyan house,opp.fort mkt,, 309 bhagat singh rd, mumbai-38

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.

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Mumbai Fort Market(Frere Road) (400015025)

How does MICR code 400015025 for Mumbai Fort Market(Frere Road) 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 400015025 of Canara Bank, Mumbai Fort Market(Frere Road) branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Mumbai Fort Market(Frere Road) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 118 branches of Canara Bank are available with micr code -

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MICR code for Canara Bank Mumbai Fort Market(Frere Road)

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 Mumbai Fort Market(Frere Road) 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. 400015025 is the MICR code of Canara Bank for Mumbai Fort Market(Frere Road) branch. MICR code for Mumbai Fort Market(Frere Road) 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 Mumbai Fort Market(Frere Road) is presented in the table alongside.

Use of Canara Bank MICR code for Mumbai Fort Market(Frere Road) branch in mumbai

The MICR code 400015025 is used in RBI cheque clearing process to identify the branch Mumbai Fort Market(Frere Road) 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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