Canara Bank Jaipur Jaipur Rajasthan MICR CODE

Find MICR Codes for Canara Bank Jaipur Jaipur Rajasthan

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Spld Large Corporate Branch
Contact 141-2222308
Bank Details Canara Bank Spld Large Corporate Branch CNRB0007040
Location Jaipur, Jaipur
City Jaipur
District Jaipur
State Rajasthan
Pincode 302003
Country IN
Address Rajasthan chambers of commerce and industry raj chamber bhavan m i road jaipur 302003
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 Spld Large Corporate Branch 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, Spld Large Corporate Branch branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Spld Large Corporate Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Spld Large Corporate Branch

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 Spld Large Corporate Branch 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 Spld Large Corporate Branch branch. MICR code for Spld Large Corporate Branch 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 Spld Large Corporate Branch is presented in the table alongside.

Use of Canara Bank MICR code for Spld Large Corporate Branch branch in jaipur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Spld Large Corporate Branch 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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