Canara Bank Moradabad Sambhal Uttar Pradesh MICR CODE

Find MICR Codes for Canara Bank Moradabad Sambhal Uttar Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rajpura
Contact 0
Bank Details Canara Bank Rajpura CNRB0019239
Location Moradabad, Sambhal
City Moradabad
District Sambhal
State Uttar Pradesh
Pincode 243727
Country IN
Address Vill and po rajpura thesil gunnor babrala gawan road dist sambhal uttar pradesh india 243727
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 243015023 for Rajpura 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 243015023 of Canara Bank, Rajpura branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Rajpura branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Canara Bank are available with micr code -

>>Babrala >>Fatehpur Sarai >>Gawan >>Rajpura >>Sarthal >>Specialised Sme Branch Sambhal Ii

MICR code for Canara Bank Rajpura

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 Rajpura 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. 243015023 is the MICR code of Canara Bank for Rajpura branch. MICR code for Rajpura 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 Rajpura is presented in the table alongside.

Use of Canara Bank MICR code for Rajpura branch in moradabad

The MICR code 243015023 is used in RBI cheque clearing process to identify the branch Rajpura 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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