Canara Bank Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Canara Bank Delhi New Delhi New Delhi

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sadar Bazar Delhi
Contact 011-2352 2568
Bank Details Canara Bank Sadar Bazar Delhi CNRB0000271
Location Delhi, New Delhi
City Delhi
District New Delhi
State New Delhi
Pincode 110006
Country IN
Address Sadar bazar, narain market, delhi 110 006
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 110015029 for Sadar Bazar Delhi 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 110015029 of Canara Bank, Sadar Bazar Delhi branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Sadar Bazar Delhi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 111 branches of Canara Bank are available with micr code -

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MICR code for Canara Bank Sadar Bazar Delhi

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 Sadar Bazar Delhi 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. 110015029 is the MICR code of Canara Bank for Sadar Bazar Delhi branch. MICR code for Sadar Bazar Delhi 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 Sadar Bazar Delhi is presented in the table alongside.

Use of Canara Bank MICR code for Sadar Bazar Delhi branch in delhi

The MICR code 110015029 is used in RBI cheque clearing process to identify the branch Sadar Bazar Delhi 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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