Canara Bank Jalna Rajur Maharashtra MICR CODE

Find MICR Codes for Canara Bank Jalna Rajur Maharashtra

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rajur
Contact 7722028065
Bank Details Canara Bank Rajur CNRB0006107
Location Jalna, Rajur
City Jalna
District Rajur
State Maharashtra
Pincode 431213
Country IN
Address Canara bank dhanashree complex,deulgaon road rajur tal bhokardan,dist -jalna rajur maharashtra 431213
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 Rajur 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, Rajur branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Rajur 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 -

>>Rajur

MICR code for Canara Bank Rajur

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

Use of Canara Bank MICR code for Rajur branch in jalna

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