Canara Bank Raipur Raipur Chhattisgarh MICR CODE

Find MICR Codes for Canara Bank Raipur Raipur Chhattisgarh

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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	Raipur Mcb
Contact	0712 2567298
Bank Details	Canara Bank Raipur Mcb CNRB0005107

Location	Raipur, Raipur
City	Raipur
District	Raipur
State	Chhattisgarh
Pincode	492001
Country	IN
Address	Canara bank malviya roa raipur raipur chattisgarh 492001

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

A total of 23 branches of Canara Bank are available with micr code -

>>G E Road Br Raipur >>Nagargaon >>Rah Raipur >>Raipur >>Raipur (Main)( >>Raipur Circle Office >>Raipur Fafadih >>Raipur Gudiyari >>Raipur Kabir Nagar >>Raipur Mcb >>Raipur Pachpedi Naka >>Raipur R O >>Raipur Rajivnagar >>Raipur Rakhi >>Raipur Santoshi Nagar >>Raipur Sej Bahar >>Raipur Shankar Nagar >>Raipur Sme Hub >>Raipur Sunder Nagar >>Raipur T P Nagar >>Specialised Mid Corporate Branch Raipur Ramsagar Para >>Spld Large Corporate Br Raipur >>Tor

MICR code for Canara Bank Raipur Mcb

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 Raipur Mcb 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 Raipur Mcb branch. MICR code for Raipur Mcb 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 Raipur Mcb is presented in the table alongside.

Use of Canara Bank MICR code for Raipur Mcb branch in raipur

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