Canara Bank Nanduri Nashik Maharashtra MICR CODE

Find MICR Codes for Canara Bank Nanduri Nashik 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	Nanduri
Contact	02592-253335
Bank Details	Canara Bank Nanduri CNRB0001652

Location	Nanduri, Nashik
City	Nanduri
District	Nashik
State	Maharashtra
Pincode	423501
Country	IN
Address	Near bus stand, , nanduri dist nasik, (maharashtra) - 423 501

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

>>Nanduri

MICR code for Canara Bank Nanduri

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 Nanduri 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 Nanduri branch. MICR code for Nanduri 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 Nanduri is presented in the table alongside.

Use of Canara Bank MICR code for Nanduri branch in nanduri

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