Canara Bank Medinipur Medinipur West Bengal MICR CODE

Find MICR Codes for Canara Bank Medinipur Medinipur West Bengal

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MICR Code	721015404
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Satmile
Contact	0
Bank Details	Canara Bank Satmile CNRB0019780

Location	Medinipur, Medinipur
City	Medinipur
District	Medinipur
State	West Bengal
Pincode	721452
Country	IN
Address	Dakshin charaimheya satmile po contai block east medinipur west bengal india 721452

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 721015404 for Satmile 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 721015404 of Canara Bank, Satmile branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Satmile branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Canara Bank are available with micr code -

>>Arjunnagar Purulia >>Belda >>Brindabanchak >>Contai >>Egra >>Ghospur >>Jagardanga >>Kalaikunda >>Karkhai >>Khar Paschimsai >>Ramnagar >>Satmile

MICR code for Canara Bank Satmile

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 Satmile 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. 721015404 is the MICR code of Canara Bank for Satmile branch. MICR code for Satmile 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 Satmile is presented in the table alongside.

Use of Canara Bank MICR code for Satmile branch in medinipur

The MICR code 721015404 is used in RBI cheque clearing process to identify the branch Satmile 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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