Canara Bank Dakshin Kannad Mangalore Karnataka MICR CODE

Find MICR Codes for Canara Bank Dakshin Kannad Mangalore Karnataka

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MICR Code	575015139
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mangaluru Derebail
Contact	-
Bank Details	Canara Bank Mangaluru Derebail CNRB0010295

Location	Dakshin Kannad, Mangalore
City	Dakshin Kannad
District	Mangalore
State	Karnataka
Pincode	575006
Country	IN
Address	Syndicate bank essel heights near derebail church derebail konchady mangalore karnataka india 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 575015139 for Mangaluru Derebail 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 575015139 of Canara Bank, Mangaluru Derebail branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Mangaluru Derebail branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Canara Bank are available with micr code -

>>Bejai >>Mangaluru Arm Branch >>Mangaluru Baikampady Industrial Area Ii >>Mangaluru Derebail >>Specialised Mid Corporate Branch Mangaluru Hampankatta

MICR code for Canara Bank Mangaluru Derebail

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 Mangaluru Derebail 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. 575015139 is the MICR code of Canara Bank for Mangaluru Derebail branch. MICR code for Mangaluru Derebail 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 Mangaluru Derebail is presented in the table alongside.

Use of Canara Bank MICR code for Mangaluru Derebail branch in dakshin kannad

The MICR code 575015139 is used in RBI cheque clearing process to identify the branch Mangaluru Derebail 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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