Canara Bank Khapri Nagpur Maharashtra MICR CODE

Find MICR Codes for Canara Bank Khapri Nagpur Maharashtra

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sez Mihan
Contact 9970288161
Bank Details Canara Bank Sez Mihan CNRB0006410
Location Khapri, Nagpur
City Khapri
District Nagpur
State Maharashtra
Pincode 440001
Country IN
Address Canara bank ground floor,south wing,c-block,central facility bldg,sez mihan sez mihan,nagpur district maharashtra 441108
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 Sez Mihan 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, Sez Mihan branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Sez Mihan 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 -

>>Sez Mihan

MICR code for Canara Bank Sez Mihan

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 Sez Mihan 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 Sez Mihan branch. MICR code for Sez Mihan 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 Sez Mihan is presented in the table alongside.

Use of Canara Bank MICR code for Sez Mihan branch in khapri

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sez Mihan 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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