Canara Bank Bhilwara Bhilwara Rajasthan MICR CODE

Find MICR Codes for Canara Bank Bhilwara Bhilwara Rajasthan

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Specialised Mid Corporate Branch Bhilwara Basant Vihar
Contact 0
Bank Details Canara Bank Specialised Mid Corporate Branch Bhilwara Basant Vihar CNRB0018335
Location Bhilwara, Bhilwara
City Bhilwara
District Bhilwara
State Rajasthan
Pincode 311001
Country IN
Address Budh plaza 2 opp circuit house basant vihar bhiwara rajsthan 311 001
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 311015006 for Specialised Mid Corporate Branch Bhilwara Basant Vihar 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 311015006 of Canara Bank, Specialised Mid Corporate Branch Bhilwara Basant Vihar branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Specialised Mid Corporate Branch Bhilwara Basant Vihar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Specialised Mid Corporate Branch Bhilwara Basant Vihar

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 Specialised Mid Corporate Branch Bhilwara Basant Vihar 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. 311015006 is the MICR code of Canara Bank for Specialised Mid Corporate Branch Bhilwara Basant Vihar branch. MICR code for Specialised Mid Corporate Branch Bhilwara Basant Vihar 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 Specialised Mid Corporate Branch Bhilwara Basant Vihar is presented in the table alongside.

Use of Canara Bank MICR code for Specialised Mid Corporate Branch Bhilwara Basant Vihar branch in bhilwara

The MICR code 311015006 is used in RBI cheque clearing process to identify the branch Specialised Mid Corporate Branch Bhilwara Basant Vihar 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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