Canara Bank Hoshiarpur Hosiarpur Punjab MICR CODE

Find MICR Codes for Canara Bank Hoshiarpur Hosiarpur Punjab

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vvri Sadhu Ashram Hoshiarpur
Contact 01882-234417
Bank Details Canara Bank Vvri Sadhu Ashram Hoshiarpur CNRB0002719
Location Hoshiarpur, Hosiarpur
City Hoshiarpur
District Hosiarpur
State Punjab
Pincode 146001
Country IN
Address Hoshiarpur vvri sadhu ashram 146001, ,
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 Vvri Sadhu Ashram Hoshiarpur 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, Vvri Sadhu Ashram Hoshiarpur branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Vvri Sadhu Ashram Hoshiarpur 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 -

>>Hoshiarpur Main >>Vvri Sadhu Ashram Hoshiarpur

MICR code for Canara Bank Vvri Sadhu Ashram Hoshiarpur

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 Vvri Sadhu Ashram Hoshiarpur 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 Vvri Sadhu Ashram Hoshiarpur branch. MICR code for Vvri Sadhu Ashram Hoshiarpur 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 Vvri Sadhu Ashram Hoshiarpur is presented in the table alongside.

Use of Canara Bank MICR code for Vvri Sadhu Ashram Hoshiarpur branch in hoshiarpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Vvri Sadhu Ashram Hoshiarpur 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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