Canara Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Canara Bank Pune Pune Maharashtra

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pune Koregaon Park (Ghorpadi)
Contact 020 - 26137692
Bank Details Canara Bank Pune Koregaon Park (Ghorpadi) CNRB0000263
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411001
Country IN
Address Madhuban, s no.31,, north main road,koregaon park, pune 411001
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 411015015 for Pune Koregaon Park (Ghorpadi) 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 411015015 of Canara Bank, Pune Koregaon Park (Ghorpadi) branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Pune Koregaon Park (Ghorpadi) branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Pune Koregaon Park (Ghorpadi)

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 Pune Koregaon Park (Ghorpadi) 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. 411015015 is the MICR code of Canara Bank for Pune Koregaon Park (Ghorpadi) branch. MICR code for Pune Koregaon Park (Ghorpadi) 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 Pune Koregaon Park (Ghorpadi) is presented in the table alongside.

Use of Canara Bank MICR code for Pune Koregaon Park (Ghorpadi) branch in pune

The MICR code 411015015 is used in RBI cheque clearing process to identify the branch Pune Koregaon Park (Ghorpadi) 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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