Canara Bank Toothukudi Tuticorin Tamil Nadu MICR CODE

Find MICR Codes for Canara Bank Toothukudi Tuticorin Tamil Nadu

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch New Port Tuticorin
Contact
Bank Details Canara Bank New Port Tuticorin CNRB0016151
Location Toothukudi, Tuticorin
City Toothukudi
District Tuticorin
State Tamil Nadu
Pincode
Country IN
Address Tuticorin port trust admin office building new port
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 627015072 for New Port Tuticorin 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 627015072 of Canara Bank, New Port Tuticorin branch makes the system almost error free and faster. Use of Canara Bank MICR codes for New Port Tuticorin branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Canara Bank are available with micr code -

>>New Port Tuticorin >>Tuticorin Main

MICR code for Canara Bank New Port Tuticorin

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 New Port Tuticorin 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. 627015072 is the MICR code of Canara Bank for New Port Tuticorin branch. MICR code for New Port Tuticorin 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 New Port Tuticorin is presented in the table alongside.

Use of Canara Bank MICR code for New Port Tuticorin branch in toothukudi

The MICR code 627015072 is used in RBI cheque clearing process to identify the branch New Port Tuticorin 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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