Canara Bank Gautam Budha Nagar Noida Uttar Pradesh MICR CODE

Find MICR Codes for Canara Bank Gautam Budha Nagar Noida Uttar Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chi Five Greater Noida
Contact 18001030
Bank Details Canara Bank Chi Five Greater Noida CNRB0007886
Location Gautam Budha Nagar, Noida
City Gautam Budha Nagar
District Noida
State Uttar Pradesh
Pincode 201310
Country IN
Address Shop 1 2 3 4 chi 5 expressway park nimbus ii gautam budha nagar dist uttar pradesh 201310
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 Chi Five Greater Noida 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, Chi Five Greater Noida branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Chi Five Greater Noida branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Canara Bank are available with micr code -

>>Chi Five Greater Noida >>Noida Sector >>Noida Sector >>Noida Sector One Hundred Forty One

MICR code for Canara Bank Chi Five Greater Noida

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 Chi Five Greater Noida 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 Chi Five Greater Noida branch. MICR code for Chi Five Greater Noida 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 Chi Five Greater Noida is presented in the table alongside.

Use of Canara Bank MICR code for Chi Five Greater Noida branch in gautam budha nagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Chi Five Greater Noida 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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