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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 Muthialpet
Contact 0413 - 2339010
Bank Details Canara Bank Pondicherry Muthialpet CNRB0000927
Location Pondicherry, Pondicherry
City Pondicherry
District Pondicherry
State Pondicherry
Pincode 605001
Country IN
Address 45, gingi salai,, pondicherry 605001,
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 0 for Pondicherry Muthialpet 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 0 of Canara Bank, Pondicherry Muthialpet branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Pondicherry Muthialpet branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Pondicherry Muthialpet

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 Muthialpet 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. 0 is the MICR code of Canara Bank for Pondicherry Muthialpet branch. MICR code for Pondicherry Muthialpet 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 Muthialpet is presented in the table alongside.

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

The MICR code 0 is used in RBI cheque clearing process to identify the branch Pondicherry Muthialpet 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.