Canara Bank Azamgarh Basti Uttar Pradesh MICR CODE

Find MICR Codes for Canara Bank Azamgarh Basti Uttar Pradesh

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MICR Code	272015010
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Munderwa Lohadar
Contact	0
Bank Details	Canara Bank Munderwa Lohadar CNRB0019872

Location	Azamgarh, Basti
City	Azamgarh
District	Basti
State	Uttar Pradesh
Pincode	272170
Country	IN
Address	Canara bank vill kithuri po munderwa near paani ki tanki distt basti basti uttar pradesh india 272170

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 272015010 for Munderwa Lohadar 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 272015010 of Canara Bank, Munderwa Lohadar branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Munderwa Lohadar 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 -

>>Munderwa Lohadar

MICR code for Canara Bank Munderwa Lohadar

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 Munderwa Lohadar 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. 272015010 is the MICR code of Canara Bank for Munderwa Lohadar branch. MICR code for Munderwa Lohadar 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 Munderwa Lohadar is presented in the table alongside.

Use of Canara Bank MICR code for Munderwa Lohadar branch in azamgarh

The MICR code 272015010 is used in RBI cheque clearing process to identify the branch Munderwa Lohadar 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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