Canara Bank Pillanallur Namakkal Tamil Nadu MICR CODE

Find MICR Codes for Canara Bank Pillanallur Namakkal Tamil Nadu

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pillanallur
Contact 04287-252422
Bank Details Canara Bank Pillanallur CNRB0001047
Location Pillanallur, Namakkal
City Pillanallur
District Namakkal
State Tamil Nadu
Pincode 637403
Country IN
Address 105/4/d,tiruchengode main rd, , pillanallur 637403
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 0 for Pillanallur 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 0 of Canara Bank, Pillanallur branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Pillanallur 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 -

>>Pillanallur

MICR code for Canara Bank Pillanallur

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 Pillanallur 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. 0 is the MICR code of Canara Bank for Pillanallur branch. MICR code for Pillanallur 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 Pillanallur is presented in the table alongside.

Use of Canara Bank MICR code for Pillanallur branch in pillanallur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Pillanallur 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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