Canara Bank Sancordem South Goa Goa MICR CODE

Find MICR Codes for Canara Bank Sancordem South Goa Goa

Bank
State
District
City
Branch
Address

MICR Code	403015016
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sancordem Goa
Contact	0832-2611347
Bank Details	Canara Bank Sancordem Goa CNRB0000252

Location	Sancordem, South Goa
City	Sancordem
District	South Goa
State	Goa
Pincode	403406
Country	IN
Address	Village panchayat building, , mallem-sancordem, south goa dist, goa - 403 406

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 403015016 for Sancordem Goa 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 403015016 of Canara Bank, Sancordem Goa branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Sancordem Goa branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Canara Bank are available with micr code -

>>Sancordem Goa

MICR code for Canara Bank Sancordem Goa

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 Sancordem Goa 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. 403015016 is the MICR code of Canara Bank for Sancordem Goa branch. MICR code for Sancordem Goa 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 Sancordem Goa is presented in the table alongside.

Use of Canara Bank MICR code for Sancordem Goa branch in sancordem

The MICR code 403015016 is used in RBI cheque clearing process to identify the branch Sancordem Goa 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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