Canara Bank Mangalore Dakshina Kannada Karnataka MICR CODE

Find MICR Codes for Canara Bank Mangalore Dakshina Kannada Karnataka

MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kottara Chowki Mangalore
Contact 0824-2454627
Bank Details Canara Bank Kottara Chowki Mangalore CNRB0002928
Location Mangalore, Dakshina Kannada
City Mangalore
District Dakshina Kannada
State Karnataka
Pincode 575006
Country IN
Address Canara tower,nh 17, kottara chowki,ashoknagar,post, mangalore, karnataka - 575006
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 575015038 for Kottara Chowki Mangalore 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 575015038 of Canara Bank, Kottara Chowki Mangalore branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Kottara Chowki Mangalore branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Kottara Chowki Mangalore

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 Kottara Chowki Mangalore 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. 575015038 is the MICR code of Canara Bank for Kottara Chowki Mangalore branch. MICR code for Kottara Chowki Mangalore 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 Kottara Chowki Mangalore is presented in the table alongside.

Use of Canara Bank MICR code for Kottara Chowki Mangalore branch in mangalore

The MICR code 575015038 is used in RBI cheque clearing process to identify the branch Kottara Chowki Mangalore 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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