Canara Bank Perundurai Erode Tamil Nadu MICR CODE

Find MICR Codes for Canara Bank Perundurai Erode Tamil Nadu

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sme Perundurai
Contact 04294-221718
Bank Details Canara Bank Sme Perundurai CNRB0002460
Location Perundurai, Erode
City Perundurai
District Erode
State Tamil Nadu
Pincode 638052
Country IN
Address No.9 bungalow street, perundurai 638 052.
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 638015251 for Sme Perundurai 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 638015251 of Canara Bank, Sme Perundurai branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Sme Perundurai 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 -

>>Sme Perundurai

MICR code for Canara Bank Sme Perundurai

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 Sme Perundurai 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. 638015251 is the MICR code of Canara Bank for Sme Perundurai branch. MICR code for Sme Perundurai 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 Sme Perundurai is presented in the table alongside.

Use of Canara Bank MICR code for Sme Perundurai branch in perundurai

The MICR code 638015251 is used in RBI cheque clearing process to identify the branch Sme Perundurai 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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