Canara Bank Nagarnausa Taraura Bihar MICR CODE

Find MICR Codes for Canara Bank Nagarnausa Taraura Bihar

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Taraura
Contact 0
Bank Details Canara Bank Taraura CNRB0017410
Location Nagarnausa, Taraura
City Nagarnausa
District Taraura
State Bihar
Pincode 801305
Country IN
Address Vill taraura po pirbadhona via nagarnausa pin 801305
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 800015054 for Taraura 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 800015054 of Canara Bank, Taraura branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Taraura 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 -

>>Taraura

MICR code for Canara Bank Taraura

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 Taraura 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. 800015054 is the MICR code of Canara Bank for Taraura branch. MICR code for Taraura 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 Taraura is presented in the table alongside.

Use of Canara Bank MICR code for Taraura branch in nagarnausa

The MICR code 800015054 is used in RBI cheque clearing process to identify the branch Taraura 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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