Canara Bank Warthi Bhandara Maharashtra MICR CODE

Find MICR Codes for Canara Bank Warthi Bhandara Maharashtra

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MICR Code	-NA-
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Warthi Bhandara
Contact	07184- 286123
Bank Details	Canara Bank Warthi Bhandara CNRB0008603

Location	Warthi, Bhandara
City	Warthi
District	Bhandara
State	Maharashtra
Pincode	441905
Country	IN
Address	Canara bank sunflag iron and steel co bhandara road warthi maharashtra 441905

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 Warthi Bhandara 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, Warthi Bhandara branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Warthi Bhandara 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 -

>>Warthi Bhandara

MICR code for Canara Bank Warthi Bhandara

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 Warthi Bhandara 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 Warthi Bhandara branch. MICR code for Warthi Bhandara 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 Warthi Bhandara is presented in the table alongside.

Use of Canara Bank MICR code for Warthi Bhandara branch in warthi

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