Canara Bank Mathura Palson Uttar Pradesh MICR CODE

Find MICR Codes for Canara Bank Mathura Palson Uttar Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Palson
Contact 0
Bank Details Canara Bank Palson CNRB0018541
Location Mathura, Palson
City Mathura
District Palson
State Uttar Pradesh
Pincode 281502
Country IN
Address Vpo palson distt mathura281502
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 281015051 for Palson 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 281015051 of Canara Bank, Palson branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Palson branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Palson

MICR code for Canara Bank Palson

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 Palson 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. 281015051 is the MICR code of Canara Bank for Palson branch. MICR code for Palson 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 Palson is presented in the table alongside.

Use of Canara Bank MICR code for Palson branch in mathura

The MICR code 281015051 is used in RBI cheque clearing process to identify the branch Palson 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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