Canara Bank Calicut Kozhikode Kerala MICR CODE

Find MICR Codes for Canara Bank Calicut Kozhikode Kerala

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MICR Code	673015023
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Parambil Bazar
Contact	2306118
Bank Details	Canara Bank Parambil Bazar CNRB0004884

Location	Calicut, Kozhikode
City	Calicut
District	Kozhikode
State	Kerala
Pincode	673012
Country	IN
Address	Parambil po, kozhikode district, pin 673012

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 673015023 for Parambil Bazar 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 673015023 of Canara Bank, Parambil Bazar branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Parambil Bazar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 17 branches of Canara Bank are available with micr code -

>>Calicut >>Calicut Chalapuram >>Calicut Thondayad >>Calicut Westhill >>Cherooty Road Main Calicut >>Karaparamba >>Koothali >>Local Processing Centre Calicut >>Mavoor Road Calicut >>Nallam >>Parakkadavu >>Parambil Bazar >>Payyanakkal >>Premises And Estate Section Co Calicut >>Rah Calicut >>Ssi Branch Calicut >>Vellimadakunnu Calicut

MICR code for Canara Bank Parambil Bazar

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 Parambil Bazar 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. 673015023 is the MICR code of Canara Bank for Parambil Bazar branch. MICR code for Parambil Bazar 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 Parambil Bazar is presented in the table alongside.

Use of Canara Bank MICR code for Parambil Bazar branch in calicut

The MICR code 673015023 is used in RBI cheque clearing process to identify the branch Parambil Bazar 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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