Canara Bank Sivaganga Karaikudi Tamil Nadu MICR CODE

Find MICR Codes for Canara Bank Sivaganga Karaikudi Tamil Nadu

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MICR Code	-NA-
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Retail Assets Hub Karaikudi
Contact	4565-7558168990
Bank Details	Canara Bank Retail Assets Hub Karaikudi CNRB0007061

Location	Sivaganga, Karaikudi
City	Sivaganga
District	Karaikudi
State	Tamil Nadu
Pincode	630001
Country	IN
Address	Building no 56 67 sekkalai road karaikudi sivaganga 630001

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 Retail Assets Hub Karaikudi 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, Retail Assets Hub Karaikudi branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Retail Assets Hub Karaikudi 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 -

>>Retail Assets Hub Karaikudi

MICR code for Canara Bank Retail Assets Hub Karaikudi

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 Retail Assets Hub Karaikudi 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 Retail Assets Hub Karaikudi branch. MICR code for Retail Assets Hub Karaikudi 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 Retail Assets Hub Karaikudi is presented in the table alongside.

Use of Canara Bank MICR code for Retail Assets Hub Karaikudi branch in sivaganga

The MICR code 0 is used in RBI cheque clearing process to identify the branch Retail Assets Hub Karaikudi 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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