Canara Bank Sakoli Bhandara Maharashtra MICR CODE

Find MICR Codes for Canara Bank Sakoli Bhandara Maharashtra

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MICR Code	444015152
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sakoli
Contact	Cb5533@canarabank.Com
Bank Details	Canara Bank Sakoli CNRB0005533

Location	Sakoli, Bhandara
City	Sakoli
District	Bhandara
State	Maharashtra
Pincode	441802
Country	IN
Address	Near bus stop nursery colony main road bhandara dist sakoli maharastra 4410802

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 444015152 for Sakoli 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 444015152 of Canara Bank, Sakoli branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Sakoli 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 -

>>Sakoli

MICR code for Canara Bank Sakoli

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 Sakoli 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. 444015152 is the MICR code of Canara Bank for Sakoli branch. MICR code for Sakoli 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 Sakoli is presented in the table alongside.

Use of Canara Bank MICR code for Sakoli branch in sakoli

The MICR code 444015152 is used in RBI cheque clearing process to identify the branch Sakoli 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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