Canara Bank New Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Canara Bank New Delhi New Delhi New Delhi

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Spld Mcb Newdelhi Barakhamba Road
Contact 11-23317781
Bank Details Canara Bank Spld Mcb Newdelhi Barakhamba Road CNRB0006999
Location New Delhi, New Delhi
City New Delhi
District New Delhi
State New Delhi
Pincode 110001
Country IN
Address Ground floor 16 dcm building barakhamba road new delhi 110001
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 Mcb Newdelhi Barakhamba Road 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 Mcb Newdelhi Barakhamba Road branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Spld Mcb Newdelhi Barakhamba Road branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Spld Mcb Newdelhi Barakhamba Road

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 Mcb Newdelhi Barakhamba Road 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 Mcb Newdelhi Barakhamba Road branch. MICR code for Spld Mcb Newdelhi Barakhamba Road 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 Mcb Newdelhi Barakhamba Road is presented in the table alongside.

Use of Canara Bank MICR code for Spld Mcb Newdelhi Barakhamba Road branch in new delhi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Spld Mcb Newdelhi Barakhamba Road 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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