Canara Bank Sidhi Vindhya Nagar Madhya Pradesh MICR CODE

Find MICR Codes for Canara Bank Sidhi Vindhya Nagar Madhya Pradesh

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MICR Code	486015102
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Waidhan Singrauli
Contact	0
Bank Details	Canara Bank Waidhan Singrauli CNRB0017911

Location	Sidhi, Vindhya Nagar
City	Sidhi
District	Vindhya Nagar
State	Madhya Pradesh
Pincode	486886
Country	IN
Address	Hotel sagar international compound vindhya nagar road waidhan singrauli madhya pradesh india 486886

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 486015102 for Waidhan Singrauli 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 486015102 of Canara Bank, Waidhan Singrauli branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Waidhan Singrauli 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 -

>>Waidhan Singrauli

MICR code for Canara Bank Waidhan Singrauli

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 Waidhan Singrauli 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. 486015102 is the MICR code of Canara Bank for Waidhan Singrauli branch. MICR code for Waidhan Singrauli 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 Waidhan Singrauli is presented in the table alongside.

Use of Canara Bank MICR code for Waidhan Singrauli branch in sidhi

The MICR code 486015102 is used in RBI cheque clearing process to identify the branch Waidhan Singrauli 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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