Canara Bank Saraipali Mahasamund Chhattisgarh MICR CODE

Find MICR Codes for Canara Bank Saraipali Mahasamund Chhattisgarh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Saraipali
Contact 8889914763
Bank Details Canara Bank Saraipali CNRB0005423
Location Saraipali, Mahasamund
City Saraipali
District Mahasamund
State Chhattisgarh
Pincode 493558
Country IN
Address Canara bank mrs pratibhai jain padampur road saraipali chattisgarh 493558
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.

Search Canara Bank MICR Codes in mahasamund

You can search through MICR Codes of Chhattisgarh branches in saraipali of District mahasamund in Chhattisgarh State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Canara Bank are available with micr code -

>>Saraipali

How to find MICR codes for Canara Bank in saraipali?

Canara Bank saraipali MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Canara Bank MICR codes list for saraipali, one can further search by branch name specified in the table. You can find MICR codes for all Canara Bank saraipali branches.

Canara Bank MICR code in saraipali

Canara Bank MICR code is a character recognition technology used by banks in the processing of cheques. Canara Bank MICR code for saraipali branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Canara Bank branches in saraipali, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Canara Bank MICR code for saraipali branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Canara Bank saraipali branch, sprinted 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. Thus MICR code for Canara Bank saraipali branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Canara Bank MICR codes for saraipali branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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