Canara Bank Samba Samba Jammu And Kashmir MICR CODE

Find MICR Codes for Canara Bank Samba Samba Jammu And Kashmir

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vijaypore
Contact Cb5009@canarabank.Com
Bank Details Canara Bank Vijaypore CNRB0005009
Location Samba, Samba
City Samba
District Samba
State Jammu And Kashmir
Pincode 184120
Country IN
Address G t road, national highway, vijaypore - 184120 distt. - samba (j & k)
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 Vijaypore 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, Vijaypore branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Vijaypore 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 -

>>Samba Sme >>Vijaypore

MICR code for Canara Bank Vijaypore

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

Use of Canara Bank MICR code for Vijaypore branch in samba

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