Canara Bank Phulwari Sharif Patna Bihar MICR CODE

Find MICR Codes for Canara Bank Phulwari Sharif Patna Bihar

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Walmi
Contact 2320843
Bank Details Canara Bank Walmi CNRB0006111
Location Phulwari Sharif, Patna
City Phulwari Sharif
District Patna
State Bihar
Pincode 801505
Country IN
Address Canara bank 1 st floor,near aiims,nh-8,walmi po phulwari,patna walmi bihar 801505
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 Walmi 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, Walmi branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Walmi 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 -

>>Walmi

MICR code for Canara Bank Walmi

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

Use of Canara Bank MICR code for Walmi branch in phulwari sharif

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