Canara Bank Pirangut Pune Maharashtra MICR CODE

Find MICR Codes for Canara Bank Pirangut Pune Maharashtra

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pirangut
Contact
Bank Details Canara Bank Pirangut CNRB0003779
Location Pirangut, Pune
City Pirangut
District Pune
State Maharashtra
Pincode 412115
Country IN
Address Canara bank, shop 2 ghotawade phata kasaramboli pirangut post-ambadwet mulshi taluk dist-pune
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 Pirangut 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, Pirangut branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Pirangut 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 -

>>Pirangut

MICR code for Canara Bank Pirangut

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 Pirangut 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 Pirangut branch. MICR code for Pirangut 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 Pirangut is presented in the table alongside.

Use of Canara Bank MICR code for Pirangut branch in pirangut

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