Canara Bank Nashik Nashik Maharashtra MICR CODE

Find MICR Codes for Canara Bank Nashik Nashik Maharashtra

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MICR Code	422015003
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Satpur Ind Estate Nasik
Contact	0231-2350570
Bank Details	Canara Bank Satpur Ind Estate Nasik CNRB0001368

Location	Nashik, Nashik
City	Nashik
District	Nashik
State	Maharashtra
Pincode	422007
Country	IN
Address	P.b no.1001, plot no 7, , midc area, trimbak road, , satpur, nasik 422 007 ,

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 422015003 for Satpur Ind Estate Nasik 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 422015003 of Canara Bank, Satpur Ind Estate Nasik branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Satpur Ind Estate Nasik branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Canara Bank are available with micr code -

>>Jail Road Naisk >>Nashik Nandur Kaka >>Nasik City Main >>Satpur Ind Estate Nasik >>Sme Sulabh

MICR code for Canara Bank Satpur Ind Estate Nasik

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 Satpur Ind Estate Nasik 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. 422015003 is the MICR code of Canara Bank for Satpur Ind Estate Nasik branch. MICR code for Satpur Ind Estate Nasik 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 Satpur Ind Estate Nasik is presented in the table alongside.

Use of Canara Bank MICR code for Satpur Ind Estate Nasik branch in nashik

The MICR code 422015003 is used in RBI cheque clearing process to identify the branch Satpur Ind Estate Nasik 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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