Canara Bank Greater Bombay Mumbai Maharashtra MICR CODE

Find MICR Codes for Canara Bank Greater Bombay Mumbai Maharashtra

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mumbai Mahim Ii
Contact 0
Bank Details Canara Bank Mumbai Mahim Ii CNRB0015042
Location Greater Bombay, Mumbai
City Greater Bombay
District Mumbai
State Maharashtra
Pincode 400016
Country IN
Address 206 rameshwar opp city light cinema lady jamshedji rd mahim west mumbai 400016
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 400015225 for Mumbai Mahim 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 400015225 of Canara Bank, Mumbai Mahim Ii branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Mumbai Mahim Ii branch, makes the characters readable even if there are other marks and stamps on it.

A total of 61 branches of Canara Bank are available with micr code -

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MICR code for Canara Bank Mumbai Mahim 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 Mumbai Mahim 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. 400015225 is the MICR code of Canara Bank for Mumbai Mahim Ii branch. MICR code for Mumbai Mahim 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 Mumbai Mahim Ii is presented in the table alongside.

Use of Canara Bank MICR code for Mumbai Mahim Ii branch in greater bombay

The MICR code 400015225 is used in RBI cheque clearing process to identify the branch Mumbai Mahim 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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