Canara Bank Nasik Malegaon Maharashtra MICR CODE

Find MICR Codes for Canara Bank Nasik Malegaon Maharashtra

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Malegaon
Contact 0
Bank Details Canara Bank Malegaon CNRB0015281
Location Nasik, Malegaon
City Nasik
District Malegaon
State Maharashtra
Pincode 423203
Country IN
Address 428 bharsar samaj bldg tilak road gurav lane somwarpeth nasik dt 423203
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.

Search Canara Bank MICR Codes in malegaon

You can search through MICR Codes of Maharashtra branches in nasik of District malegaon in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Canara Bank are available with micr code -

>>Malegaon

How to find MICR codes for Canara Bank in nasik?

Canara Bank nasik MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Canara Bank MICR codes list for nasik, one can further search by branch name specified in the table. You can find MICR codes for all Canara Bank nasik branches.

Canara Bank MICR code in nasik

Canara Bank MICR code is a character recognition technology used by banks in the processing of cheques. Canara Bank MICR code for nasik branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Canara Bank branches in nasik, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Canara Bank MICR code for nasik branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Canara Bank nasik branch, sprinted 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. Thus MICR code for Canara Bank nasik branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Canara Bank MICR codes for nasik branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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