Canara Bank Shajapur Shajapur Madhya Pradesh MICR CODE

Find MICR Codes for Canara Bank Shajapur Shajapur Madhya Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sunera
Contact 250320
Bank Details Canara Bank Sunera CNRB0005625
Location Shajapur, Shajapur
City Shajapur
District Shajapur
State Madhya Pradesh
Pincode 465229
Country IN
Address Canara bank khasra no 1066 budhwaria bazar ward no 7 vill n po sunera dist shajapur sunera madhya pradesh 465229
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 shajapur

You can search through MICR Codes of Madhya Pradesh branches in shajapur of District shajapur in Madhya Pradesh 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 -

>>Sunera

How to find MICR codes for Canara Bank in shajapur?

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

Canara Bank MICR code in shajapur

Canara Bank MICR code is a character recognition technology used by banks in the processing of cheques. Canara Bank MICR code for shajapur 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 shajapur, 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 shajapur 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 shajapur 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 shajapur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Canara Bank MICR codes for shajapur 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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