Canara Bank Gorakhpur Gorakhpur Uttar Pradesh MICR CODE

Find MICR Codes for Canara Bank Gorakhpur Gorakhpur Uttar Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Raneedeeh
Contact 0
Bank Details Canara Bank Raneedeeh CNRB0019873
Location Gorakhpur, Gorakhpur
City Gorakhpur
District Gorakhpur
State Uttar Pradesh
Pincode 273090
Country IN
Address Canara bank plot no 69 main road vill raneedeeh distt gorakhpur gorakhpur uttar pradesh india 273090
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 273015023 for Raneedeeh 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 273015023 of Canara Bank, Raneedeeh branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Raneedeeh branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Raneedeeh

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 Raneedeeh 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. 273015023 is the MICR code of Canara Bank for Raneedeeh branch. MICR code for Raneedeeh 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 Raneedeeh is presented in the table alongside.

Use of Canara Bank MICR code for Raneedeeh branch in gorakhpur

The MICR code 273015023 is used in RBI cheque clearing process to identify the branch Raneedeeh 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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