Canara Bank Thane Vajreshwari Maharashtra MICR CODE

Find MICR Codes for Canara Bank Thane Vajreshwari Maharashtra

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vajreshwari
Contact 0
Bank Details Canara Bank Vajreshwari CNRB0015465
Location Thane, Vajreshwari
City Thane
District Vajreshwari
State Maharashtra
Pincode 401201
Country IN
Address Vilas sadan ambadi road opp vajreshwari temple bhiwandi taluk thane dist 401201
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 Vajreshwari 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, Vajreshwari branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Vajreshwari 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 -

>>Vajreshwari

MICR code for Canara Bank Vajreshwari

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 Vajreshwari 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 Vajreshwari branch. MICR code for Vajreshwari 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 Vajreshwari is presented in the table alongside.

Use of Canara Bank MICR code for Vajreshwari branch in thane

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