Canara Bank Namkum Ranchi Jharkhand MICR CODE

Find MICR Codes for Canara Bank Namkum Ranchi Jharkhand

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MICR Code	834015007
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Namkum
Contact	0651-2260779
Bank Details	Canara Bank Namkum CNRB0002670

Location	Namkum, Ranchi
City	Namkum
District	Ranchi
State	Jharkhand
Pincode	834010
Country	IN
Address	Dayal market, lowadi chowk, namkum, ranchi 834010

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 834015007 for Namkum 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 834015007 of Canara Bank, Namkum branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Namkum 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 -

>>Namkum

MICR code for Canara Bank Namkum

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 Namkum 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. 834015007 is the MICR code of Canara Bank for Namkum branch. MICR code for Namkum 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 Namkum is presented in the table alongside.

Use of Canara Bank MICR code for Namkum branch in namkum

The MICR code 834015007 is used in RBI cheque clearing process to identify the branch Namkum 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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