Canara Bank Raipur Raipur Chhattisgarh MICR CODE

Find MICR Codes for Canara Bank Raipur Raipur Chhattisgarh

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MICR Code	492015503
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Tor
Contact	0
Bank Details	Canara Bank Tor CNRB0017851

Location	Raipur, Raipur
City	Raipur
District	Raipur
State	Chhattisgarh
Pincode	492023
Country	IN
Address	Canara bank khasra no 172 by 2 village tor tehsil raipur dist raipur chathisgarh 492023

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 492015503 for Tor 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 492015503 of Canara Bank, Tor branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Tor branch, makes the characters readable even if there are other marks and stamps on it.

A total of 23 branches of Canara Bank are available with micr code -

>>G E Road Br Raipur >>Nagargaon >>Rah Raipur >>Raipur >>Raipur (Main)( >>Raipur Circle Office >>Raipur Fafadih >>Raipur Gudiyari >>Raipur Kabir Nagar >>Raipur Mcb >>Raipur Pachpedi Naka >>Raipur R O >>Raipur Rajivnagar >>Raipur Rakhi >>Raipur Santoshi Nagar >>Raipur Sej Bahar >>Raipur Shankar Nagar >>Raipur Sme Hub >>Raipur Sunder Nagar >>Raipur T P Nagar >>Specialised Mid Corporate Branch Raipur Ramsagar Para >>Spld Large Corporate Br Raipur >>Tor

MICR code for Canara Bank Tor

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 Tor 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. 492015503 is the MICR code of Canara Bank for Tor branch. MICR code for Tor 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 Tor is presented in the table alongside.

Use of Canara Bank MICR code for Tor branch in raipur

The MICR code 492015503 is used in RBI cheque clearing process to identify the branch Tor 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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