Canara Bank Thane Vashi Maharashtra MICR CODE

Find MICR Codes for Canara Bank Thane Vashi Maharashtra

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MICR Code	400015228
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Vashi Turbhe Mafco
Contact	0
Bank Details	Canara Bank Vashi Turbhe Mafco CNRB0015471

Location	Thane, Vashi
City	Thane
District	Vashi
State	Maharashtra
Pincode	400705
Country	IN
Address	Apmc market road onion potato wholesale market k u bazar vashi turbe maharastra thane 400705

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 400015228 for Vashi Turbhe Mafco 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 400015228 of Canara Bank, Vashi Turbhe Mafco branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Vashi Turbhe Mafco branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Canara Bank are available with micr code -

>>Vashi Sector >>Vashi Turbhe Mafco

MICR code for Canara Bank Vashi Turbhe Mafco

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 Vashi Turbhe Mafco 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. 400015228 is the MICR code of Canara Bank for Vashi Turbhe Mafco branch. MICR code for Vashi Turbhe Mafco 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 Vashi Turbhe Mafco is presented in the table alongside.

Use of Canara Bank MICR code for Vashi Turbhe Mafco branch in thane

The MICR code 400015228 is used in RBI cheque clearing process to identify the branch Vashi Turbhe Mafco 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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