Canara Bank Dankaur Gautam Buddha Nagar Uttar Pradesh MICR CODE

Find MICR Codes for Canara Bank Dankaur Gautam Buddha Nagar Uttar Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ranoli Latifpur
Contact
Bank Details Canara Bank Ranoli Latifpur CNRB0003699
Location Dankaur, Gautam Buddha Nagar
City Dankaur
District Gautam Buddha Nagar
State Uttar Pradesh
Pincode 201008
Country IN
Address Canara bank vill- ranoli latifpur po- ntpc dadri dist gautam budh nagar uttar pradesh 201008
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 Ranoli Latifpur 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, Ranoli Latifpur branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Ranoli Latifpur 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 -

>>Ranoli Latifpur

MICR code for Canara Bank Ranoli Latifpur

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 Ranoli Latifpur 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 Ranoli Latifpur branch. MICR code for Ranoli Latifpur 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 Ranoli Latifpur is presented in the table alongside.

Use of Canara Bank MICR code for Ranoli Latifpur branch in dankaur

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