Canara Bank Pithora Mahasamund Chhattisgarh MICR CODE

Find MICR Codes for Canara Bank Pithora Mahasamund Chhattisgarh

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MICR Code	493015507
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Pithora
Contact	9425505265
Bank Details	Canara Bank Pithora CNRB0005265

Location	Pithora, Mahasamund
City	Pithora
District	Mahasamund
State	Chhattisgarh
Pincode	493551
Country	IN
Address	Main road,pithora

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 493015507 for Pithora 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 493015507 of Canara Bank, Pithora branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Pithora 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 -

>>Pithora

MICR code for Canara Bank Pithora

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 Pithora 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. 493015507 is the MICR code of Canara Bank for Pithora branch. MICR code for Pithora 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 Pithora is presented in the table alongside.

Use of Canara Bank MICR code for Pithora branch in pithora

The MICR code 493015507 is used in RBI cheque clearing process to identify the branch Pithora 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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