Canara Bank Thane Bhiwani Padgha Maharashtra MICR CODE

Find MICR Codes for Canara Bank Thane Bhiwani Padgha Maharashtra

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhiwandi Padgha
Contact 0-18001030
Bank Details Canara Bank Bhiwandi Padgha CNRB0008300
Location Thane, Bhiwani Padgha
City Thane
District Bhiwani Padgha
State Maharashtra
Pincode 421101
Country IN
Address Shruthi homes bhiwandi near to bus stand bhiwandi padgha thane dist maharastra 421101
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 Bhiwandi Padgha 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, Bhiwandi Padgha branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Bhiwandi Padgha 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 -

>>Bhiwandi Padgha

MICR code for Canara Bank Bhiwandi Padgha

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 Bhiwandi Padgha 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 Bhiwandi Padgha branch. MICR code for Bhiwandi Padgha 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 Bhiwandi Padgha is presented in the table alongside.

Use of Canara Bank MICR code for Bhiwandi Padgha branch in thane

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