Canara Bank Mahasamund Patewa Chhattisgarh MICR CODE

Find MICR Codes for Canara Bank Mahasamund Patewa Chhattisgarh

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MICR Code	491015508
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Petewa
Contact	0
Bank Details	Canara Bank Petewa CNRB0015265

Location	Mahasamund, Patewa
City	Mahasamund
District	Patewa
State	Chhattisgarh
Pincode	491441
Country	IN
Address	Rajnandgaon br old bus stand opp united hospital rajnandgaon patewa chattisgarh 491441

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 491015508 for Petewa 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 491015508 of Canara Bank, Petewa branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Petewa 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 -

>>Petewa

MICR code for Canara Bank Petewa

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 Petewa 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. 491015508 is the MICR code of Canara Bank for Petewa branch. MICR code for Petewa 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 Petewa is presented in the table alongside.

Use of Canara Bank MICR code for Petewa branch in mahasamund

The MICR code 491015508 is used in RBI cheque clearing process to identify the branch Petewa 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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