Canara Bank Dharapuram Erode Tamil Nadu MICR CODE

Find MICR Codes for Canara Bank Dharapuram Erode Tamil Nadu

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State
District
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Address

MICR Code	-NA-
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ponnapuram
Contact	2558412
Bank Details	Canara Bank Ponnapuram CNRB0008996

Location	Dharapuram, Erode
City	Dharapuram
District	Erode
State	Tamil Nadu
Pincode	638656
Country	IN
Address	Canara bank pollachi dharapuram main road 111 dasarapatti dharapuram erode

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

A total of 2 branches of Canara Bank are available with micr code -

>>Dharapuram >>Ponnapuram

MICR code for Canara Bank Ponnapuram

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

Use of Canara Bank MICR code for Ponnapuram branch in dharapuram

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