Canara Bank Rae Bareli Raebareili Uttar Pradesh MICR CODE

Find MICR Codes for Canara Bank Rae Bareli Raebareili Uttar Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rai Bareli
Contact 0522-2302613
Bank Details Canara Bank Rai Bareli CNRB0002825
Location Rae Bareli, Raebareili
City Rae Bareli
District Raebareili
State Uttar Pradesh
Pincode 229001
Country IN
Address Nageshwar complex,, near super market,, katchery road, rafinagar,, raibareily
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 Rai Bareli 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, Rai Bareli branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Rai Bareli 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 -

>>Rai Bareli

MICR code for Canara Bank Rai Bareli

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 Rai Bareli 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 Rai Bareli branch. MICR code for Rai Bareli 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 Rai Bareli is presented in the table alongside.

Use of Canara Bank MICR code for Rai Bareli branch in rae bareli

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