Canara Bank Pondicherry Pondicherry Pondicherry MICR CODE

Find MICR Codes for Canara Bank Pondicherry Pondicherry Pondicherry

MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pondicherry Bazar
Contact 0
Bank Details Canara Bank Pondicherry Bazar CNRB0019601
Location Pondicherry, Pondicherry
City Pondicherry
District Pondicherry
State Pondicherry
Pincode 122124
Country IN
Address No 122 124 j n street near velan silks pondicherry 605 001
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 605015035 for Pondicherry Bazar 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 605015035 of Canara Bank, Pondicherry Bazar branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Pondicherry Bazar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Pondicherry Bazar

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 Pondicherry Bazar 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. 605015035 is the MICR code of Canara Bank for Pondicherry Bazar branch. MICR code for Pondicherry Bazar 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 Pondicherry Bazar is presented in the table alongside.

Use of Canara Bank MICR code for Pondicherry Bazar branch in pondicherry

The MICR code 605015035 is used in RBI cheque clearing process to identify the branch Pondicherry Bazar 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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