Canara Bank Murtizapur Akola Maharashtra MICR CODE

Find MICR Codes for Canara Bank Murtizapur Akola Maharashtra

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MICR Code	-NA-
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Murtajapur
Contact	7769011548
Bank Details	Canara Bank Murtajapur CNRB0005818

Location	Murtizapur, Akola
City	Murtizapur
District	Akola
State	Maharashtra
Pincode	444107
Country	IN
Address	Ashirwad height nrar baban hospital plot no 1 murtijapur dist akola murtijapur maharastra 444107

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 0 for Murtajapur 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 0 of Canara Bank, Murtajapur branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Murtajapur 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 -

>>Murtajapur

MICR code for Canara Bank Murtajapur

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 Murtajapur 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. 0 is the MICR code of Canara Bank for Murtajapur branch. MICR code for Murtajapur 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 Murtajapur is presented in the table alongside.

Use of Canara Bank MICR code for Murtajapur branch in murtizapur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Murtajapur 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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