Canara Bank Poonch Poonch Jammu And Kashmir MICR CODE

Find MICR Codes for Canara Bank Poonch Poonch Jammu And Kashmir

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Poonch
Contact 0
Bank Details Canara Bank Poonch CNRB0007489
Location Poonch, Poonch
City Poonch
District Poonch
State Jammu And Kashmir
Pincode 185101
Country IN
Address Main road,near dc office, ward no 17, poonch dist, jammu and kashmir 185101
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 Poonch 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, Poonch branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Poonch 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 -

>>Poonch

MICR code for Canara Bank Poonch

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

Use of Canara Bank MICR code for Poonch branch in poonch

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