Canara Bank Virudhunagar Virudhungar Tamil Nadu MICR CODE

Find MICR Codes for Canara Bank Virudhunagar Virudhungar Tamil Nadu

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Retail Assets Hub Virudhunagar
Contact 456-2246276
Bank Details Canara Bank Retail Assets Hub Virudhunagar CNRB0007062
Location Virudhunagar, Virudhungar
City Virudhunagar
District Virudhungar
State Tamil Nadu
Pincode 626001
Country IN
Address 103 1 opp to fire station madurai road virudhunagar tamil nadu 626001
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 626015305 for Retail Assets Hub Virudhunagar 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 626015305 of Canara Bank, Retail Assets Hub Virudhunagar branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Retail Assets Hub Virudhunagar 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 Virudhunagar

MICR code for Canara Bank Retail Assets Hub Virudhunagar

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 Virudhunagar 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. 626015305 is the MICR code of Canara Bank for Retail Assets Hub Virudhunagar branch. MICR code for Retail Assets Hub Virudhunagar 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 Virudhunagar is presented in the table alongside.

Use of Canara Bank MICR code for Retail Assets Hub Virudhunagar branch in virudhunagar

The MICR code 626015305 is used in RBI cheque clearing process to identify the branch Retail Assets Hub Virudhunagar 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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