Canara Bank Erode Erode Tamil Nadu MICR CODE

Find MICR Codes for Canara Bank Erode Erode Tamil Nadu

Bank	↻ Reload
State
District
City
Branch
Address

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	Salakadai
Contact	04202-222237
Bank Details	Canara Bank Salakadai CNRB0001586

Location	Erode, Erode
City	Erode
District	Erode
State	Tamil Nadu
Pincode	638673
Country	IN
Address	1303, main road,, salakadai , erode dist, tamil nadu - 638673

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 Salakadai 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, Salakadai branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Salakadai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 27 branches of Canara Bank are available with micr code -

>>Accounts Section Erode >>Bungalow Pudur >>Cutchery Road Main Erode >>Erode R O >>Erode Solar >>Erode Veerappan Chatram >>Gangapuram >>Govindapuram >>Ikkarainegamam >>Karungalpalayam Erode >>Modavandi Sathyamangalam >>Msme Sulabh Erode >>Nadupalayam >>Nanjai Uthukuli >>Nilale >>Park Road Erode >>Perundurai Road Erode >>Puthukkarai >>Rah Erode >>Salakadai >>Sme Erode >>Specialised Sme Branch Erode Ii >>Surampatty Valasu >>Thindal >>Veerappan Chatram Ii >>Vellakovil Ii >>Villarasampatti

MICR code for Canara Bank Salakadai

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 Salakadai 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 Salakadai branch. MICR code for Salakadai 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 Salakadai is presented in the table alongside.

Use of Canara Bank MICR code for Salakadai branch in erode

The MICR code 0 is used in RBI cheque clearing process to identify the branch Salakadai 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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