Canara Bank Nadiad Kheda Gujarat MICR CODE

Find MICR Codes for Canara Bank Nadiad Kheda Gujarat

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nadiad
Contact 0268- 2566334
Bank Details Canara Bank Nadiad CNRB0000294
Location Nadiad, Kheda
City Nadiad
District Kheda
State Gujarat
Pincode 307001
Country IN
Address Near santosh hotel,, tip top chemical road,, santram road, nadiad , kheda dist, gujrat -307 001,
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 387015002 for Nadiad 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 387015002 of Canara Bank, Nadiad branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Nadiad 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 -

>>Nadiad

MICR code for Canara Bank Nadiad

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 Nadiad 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. 387015002 is the MICR code of Canara Bank for Nadiad branch. MICR code for Nadiad 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 Nadiad is presented in the table alongside.

Use of Canara Bank MICR code for Nadiad branch in nadiad

The MICR code 387015002 is used in RBI cheque clearing process to identify the branch Nadiad 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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