Canara Bank Nashik Nashik Maharashtra MICR CODE

Find MICR Codes for Canara Bank Nashik Nashik Maharashtra

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nashik Nandur Kaka
Contact 0
Bank Details Canara Bank Nashik Nandur Kaka CNRB0007557
Location Nashik, Nashik
City Nashik
District Nashik
State Maharashtra
Pincode 422006
Country IN
Address Near sri kashimath temple,aurangabad road,nashik,maharashtra 422006
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 Nashik Nandur Kaka 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, Nashik Nandur Kaka branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Nashik Nandur Kaka branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Canara Bank are available with micr code -

>>Jail Road Naisk >>Nashik Nandur Kaka >>Nasik City Main >>Satpur Ind Estate Nasik >>Sme Sulabh

MICR code for Canara Bank Nashik Nandur Kaka

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 Nashik Nandur Kaka 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 Nashik Nandur Kaka branch. MICR code for Nashik Nandur Kaka 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 Nashik Nandur Kaka is presented in the table alongside.

Use of Canara Bank MICR code for Nashik Nandur Kaka branch in nashik

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nashik Nandur Kaka 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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