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 Mangalore Gandhi Nagar
Contact 0824-2457524
Bank Details Canara Bank Mangalore Gandhi Nagar CNRB0000631
Location Mangalore, Dakshina Kannada
City Mangalore
District Dakshina Kannada
State Karnataka
Pincode 575003
Country IN
Address S.l.shet memorial building,, gandhinagar, mangalore 575 003,
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 575015007 for Mangalore Gandhi Nagar 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 575015007 of Canara Bank, Mangalore Gandhi Nagar branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Mangalore Gandhi Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Mangalore Gandhi Nagar

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 Mangalore Gandhi Nagar 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. 575015007 is the MICR code of Canara Bank for Mangalore Gandhi Nagar branch. MICR code for Mangalore Gandhi Nagar 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 Mangalore Gandhi Nagar is presented in the table alongside.

Use of Canara Bank MICR code for Mangalore Gandhi Nagar branch in mangalore

The MICR code 575015007 is used in RBI cheque clearing process to identify the branch Mangalore Gandhi Nagar 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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