Canara Bank Mandi Mandi Himachal Pradesh MICR CODE

Find MICR Codes for Canara Bank Mandi Mandi Himachal Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ner Ii
Contact 0
Bank Details Canara Bank Ner Ii CNRB0018933
Location Mandi, Mandi
City Mandi
District Mandi
State Himachal Pradesh
Pincode 175008
Country IN
Address M s kuka motors complex near main chowk vpo ner mandi mandi himachal pradesh india 175008
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 175015105 for Ner Ii 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 175015105 of Canara Bank, Ner Ii branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Ner Ii branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Canara Bank are available with micr code -

>>Mandi >>Mandi Ii >>Ner Ii

MICR code for Canara Bank Ner Ii

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 Ner Ii 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. 175015105 is the MICR code of Canara Bank for Ner Ii branch. MICR code for Ner Ii 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 Ner Ii is presented in the table alongside.

Use of Canara Bank MICR code for Ner Ii branch in mandi

The MICR code 175015105 is used in RBI cheque clearing process to identify the branch Ner Ii 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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