Canara Bank Kollam Kollam Kerala MICR CODE

Find MICR Codes for Canara Bank Kollam Kollam Kerala

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MICR Code	691015014
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nilamel
Contact	Cb5515@canarabank.Com
Bank Details	Canara Bank Nilamel CNRB0005515

Location	Kollam, Kollam
City	Kollam
District	Kollam
State	Kerala
Pincode	691535
Country	IN
Address	Bldg no:8/12f, mc road, nilamel po, kollam-691535

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 691015014 for Nilamel 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 691015014 of Canara Bank, Nilamel branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Nilamel branch, makes the characters readable even if there are other marks and stamps on it.

A total of 16 branches of Canara Bank are available with micr code -

>>Anandavalleswaram Kollam >>Chinnakada Kollam >>Convent Road Main Kollam >>Kadakkal >>Kadappakkada Kollam >>Kollam Quilon >>Kollam R O >>Msme Sulabh Kollam >>Nilamel >>Oyoor >>Pooyappally >>Rah Kollam >>Ramankulangara >>Sme Branch Kollam >>Thaikkad >>Thattamala

MICR code for Canara Bank Nilamel

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 Nilamel 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. 691015014 is the MICR code of Canara Bank for Nilamel branch. MICR code for Nilamel 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 Nilamel is presented in the table alongside.

Use of Canara Bank MICR code for Nilamel branch in kollam

The MICR code 691015014 is used in RBI cheque clearing process to identify the branch Nilamel 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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