Canara Bank Faizabad Faizabad Uttar Pradesh MICR CODE

Find MICR Codes for Canara Bank Faizabad Faizabad Uttar Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rekeb Gunj Faizabad
Contact 05278-223106
Bank Details Canara Bank Rekeb Gunj Faizabad CNRB0001641
Location Faizabad, Faizabad
City Faizabad
District Faizabad
State Uttar Pradesh
Pincode 224001
Country IN
Address Civil lines, faizabad -224001
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 Rekeb Gunj Faizabad 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, Rekeb Gunj Faizabad branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Rekeb Gunj Faizabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Canara Bank are available with micr code -

>>Faizabad Civil Lines >>Faizabad Devakali >>Faizabad Kaushal Puri >>Rekeb Gunj Faizabad >>Rudauli

MICR code for Canara Bank Rekeb Gunj Faizabad

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 Rekeb Gunj Faizabad 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 Rekeb Gunj Faizabad branch. MICR code for Rekeb Gunj Faizabad 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 Rekeb Gunj Faizabad is presented in the table alongside.

Use of Canara Bank MICR code for Rekeb Gunj Faizabad branch in faizabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Rekeb Gunj Faizabad 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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