Canara Bank Samastipur Samastipur Bihar MICR CODE

Find MICR Codes for Canara Bank Samastipur Samastipur Bihar

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Samastipur Ii
Contact 0
Bank Details Canara Bank Samastipur Ii CNRB0017535
Location Samastipur, Samastipur
City Samastipur
District Samastipur
State Bihar
Pincode 848101
Country IN
Address Infront of b r b college mohanpur road samastipur 848101
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 848015004 for Samastipur 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 848015004 of Canara Bank, Samastipur Ii branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Samastipur Ii branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Canara Bank are available with micr code -

>>Bikrampur Bande >>Madanpur Shivnagar >>Samastipur >>Samastipur Ii

MICR code for Canara Bank Samastipur 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 Samastipur 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. 848015004 is the MICR code of Canara Bank for Samastipur Ii branch. MICR code for Samastipur 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 Samastipur Ii is presented in the table alongside.

Use of Canara Bank MICR code for Samastipur Ii branch in samastipur

The MICR code 848015004 is used in RBI cheque clearing process to identify the branch Samastipur 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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