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Canara Bank Port Blair Andaman Andaman And Nicobar MICR CODE

Find MICR Codes for Canara Bank Port Blair Andaman Andaman And Nicobar

MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Garacharma
Contact Cb5214@canarabank.Com
Bank Details Canara Bank Garacharma CNRB0005214
Location Port Blair, Andaman
City Port Blair
District Andaman
State Andaman And Nicobar
Pincode 744105
Country IN
Address Survey no.1053 & 1054, ats shopping complex, andaman trunk road, garacharma, port blair, south andaman -744105
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 744015003 for Garacharma 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 744015003 of Canara Bank, Garacharma branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Garacharma branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Canara Bank are available with micr code -

>>Garacharma >>Port Blair Andaman

MICR code for Canara Bank Garacharma

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 Garacharma 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. 744015003 is the MICR code of Canara Bank for Garacharma branch. MICR code for Garacharma 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 Garacharma is presented in the table alongside.

Use of Canara Bank MICR code for Garacharma branch in port blair

The MICR code 744015003 is used in RBI cheque clearing process to identify the branch Garacharma 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.