Canara Bank Salem Salem Gugai Tamil Nadu MICR CODE

Find MICR Codes for Canara Bank Salem Salem Gugai Tamil Nadu

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Salem Gugai Ii
Contact 0
Bank Details Canara Bank Salem Gugai Ii CNRB0016296
Location Salem, Salem Gugai
City Salem
District Salem Gugai
State Tamil Nadu
Pincode 636006
Country IN
Address 7 and 8 ramalinga madalayam street gugai salem salem 636 006
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 636015062 for Salem Gugai Ii 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 636015062 of Canara Bank, Salem Gugai Ii branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Salem Gugai Ii 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 -

>>Salem Gugai Ii

MICR code for Canara Bank Salem Gugai Ii

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 Salem Gugai Ii 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. 636015062 is the MICR code of Canara Bank for Salem Gugai Ii branch. MICR code for Salem Gugai Ii 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 Salem Gugai Ii is presented in the table alongside.

Use of Canara Bank MICR code for Salem Gugai Ii branch in salem

The MICR code 636015062 is used in RBI cheque clearing process to identify the branch Salem Gugai Ii 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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