Canara Bank Vadodara Vadodara Gujarat MICR CODE

Find MICR Codes for Canara Bank Vadodara Vadodara Gujarat

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vadodara Fatehganj
Contact
Bank Details Canara Bank Vadodara Fatehganj CNRB0006618
Location Vadodara, Vadodara
City Vadodara
District Vadodara
State Gujarat
Pincode 390008
Country IN
Address Canara bank 1st floor,silverbell complex,opp sbi,above lg showroom,vadodara fatehganj gujarat 390008
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 Vadodara Fatehganj 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, Vadodara Fatehganj branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Vadodara Fatehganj branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Vadodara Fatehganj

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 Vadodara Fatehganj 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 Vadodara Fatehganj branch. MICR code for Vadodara Fatehganj 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 Vadodara Fatehganj is presented in the table alongside.

Use of Canara Bank MICR code for Vadodara Fatehganj branch in vadodara

The MICR code 0 is used in RBI cheque clearing process to identify the branch Vadodara Fatehganj 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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