Canara Bank Bhiwada Shahpura Bhilwara Rajasthan MICR CODE

Find MICR Codes for Canara Bank Bhiwada Shahpura Bhilwara Rajasthan

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shahpura Bhilwara
Contact 0
Bank Details Canara Bank Shahpura Bhilwara CNRB0007419
Location Bhiwada, Shahpura Bhilwara
City Bhiwada
District Shahpura Bhilwara
State Rajasthan
Pincode 311404
Country IN
Address Plot no.5,mohan badi,kalinjari gate,shshpura,bhilwada distt,rajasthan-311404
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 Shahpura Bhilwara 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, Shahpura Bhilwara branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Shahpura Bhilwara 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 -

>>Shahpura Bhilwara

MICR code for Canara Bank Shahpura Bhilwara

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 Shahpura Bhilwara 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 Shahpura Bhilwara branch. MICR code for Shahpura Bhilwara 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 Shahpura Bhilwara is presented in the table alongside.

Use of Canara Bank MICR code for Shahpura Bhilwara branch in bhiwada

The MICR code 0 is used in RBI cheque clearing process to identify the branch Shahpura Bhilwara 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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