Canara Bank Simla Shimla Himachal Pradesh MICR CODE

Find MICR Codes for Canara Bank Simla Shimla Himachal Pradesh

MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shimla
Contact 0177-2651569
Bank Details Canara Bank Shimla CNRB0001964
Location Simla, Shimla
City Simla
District Shimla
State Himachal Pradesh
Pincode 171001
Country IN
Address Prime rose no.1,, panchayatbhavan bus stand, shimla 171001
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 171015001 for Shimla 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 171015001 of Canara Bank, Shimla branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Shimla branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Canara Bank are available with micr code -

>>New Shimla >>Shimla

MICR code for Canara Bank Shimla

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 Shimla 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. 171015001 is the MICR code of Canara Bank for Shimla branch. MICR code for Shimla 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 Shimla is presented in the table alongside.

Use of Canara Bank MICR code for Shimla branch in simla

The MICR code 171015001 is used in RBI cheque clearing process to identify the branch Shimla 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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