Canara Bank Sangameshwar Ratnagiri Maharashtra MICR CODE

Find MICR Codes for Canara Bank Sangameshwar Ratnagiri Maharashtra

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MICR Code	415015507
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sangameshwar
Contact	252525
Bank Details	Canara Bank Sangameshwar CNRB0005646

Location	Sangameshwar, Ratnagiri
City	Sangameshwar
District	Ratnagiri
State	Maharashtra
Pincode	415611
Country	IN
Address	Canara bank shri samarth krupa nivas mumbai goa highway ratnagiri dt sangameshwar maharashtra 415611

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 415015507 for Sangameshwar 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 415015507 of Canara Bank, Sangameshwar branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Sangameshwar 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 -

>>Sangameshwar

MICR code for Canara Bank Sangameshwar

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 Sangameshwar 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. 415015507 is the MICR code of Canara Bank for Sangameshwar branch. MICR code for Sangameshwar 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 Sangameshwar is presented in the table alongside.

Use of Canara Bank MICR code for Sangameshwar branch in sangameshwar

The MICR code 415015507 is used in RBI cheque clearing process to identify the branch Sangameshwar 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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