Canara Bank Ramnagar Nainital Uttrakhand MICR CODE

Find MICR Codes for Canara Bank Ramnagar Nainital Uttrakhand

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ramnagar Dist. Naintal
Contact 05947-254956
Bank Details Canara Bank Ramnagar Dist. Naintal CNRB0003359
Location Ramnagar, Nainital
City Ramnagar
District Nainital
State Uttrakhand
Pincode 244715
Country IN
Address Canara bank, nanda lines, ramnagar dist. Nainital pin code 244715 (uk)
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 Ramnagar Dist. Naintal 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, Ramnagar Dist. Naintal branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Ramnagar Dist. Naintal 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 -

>>Ramnagar Dist. Naintal

MICR code for Canara Bank Ramnagar Dist. Naintal

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 Ramnagar Dist. Naintal 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 Ramnagar Dist. Naintal branch. MICR code for Ramnagar Dist. Naintal 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 Ramnagar Dist. Naintal is presented in the table alongside.

Use of Canara Bank MICR code for Ramnagar Dist. Naintal branch in ramnagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ramnagar Dist. Naintal 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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