Canara Bank Bangalore Bangalore Karnataka MICR CODE

Find MICR Codes for Canara Bank Bangalore Bangalore Karnataka

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Retail Liabilities Section Ho Bangalore
Contact 22485661
Bank Details Canara Bank Retail Liabilities Section Ho Bangalore CNRB0000062
Location Bangalore, Bangalore
City Bangalore
District Bangalore
State Karnataka
Pincode
Country IN
Address Marketing and retail resources wing ho annex 113 of 1 jeevan prakash bldg j c road bangalore
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 Liabilities Section Ho Bangalore 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 Liabilities Section Ho Bangalore branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Retail Liabilities Section Ho Bangalore branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Retail Liabilities Section Ho Bangalore

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 Liabilities Section Ho Bangalore 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 Liabilities Section Ho Bangalore branch. MICR code for Retail Liabilities Section Ho Bangalore 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 Liabilities Section Ho Bangalore is presented in the table alongside.

Use of Canara Bank MICR code for Retail Liabilities Section Ho Bangalore branch in bangalore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Retail Liabilities Section Ho Bangalore 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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