Canara Bank Saptur Madurai Tamil Nadu MICR CODE

Find MICR Codes for Canara Bank Saptur Madurai 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	Saptur
Contact	0452 2323681
Bank Details	Canara Bank Saptur CNRB0004464

Location	Saptur, Madurai
City	Saptur
District	Madurai
State	Tamil Nadu
Pincode	625705
Country	IN
Address	Canara bank door no 1/503 first ward main road peraiyur taluk madurai dt saptur tamil nadu 625705

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

>>Saptur

MICR code for Canara Bank Saptur

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

Use of Canara Bank MICR code for Saptur branch in saptur

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

Copied!