Canara Bank Udupi Udupi Karnataka MICR CODE

Find MICR Codes for Canara Bank Udupi Udupi Karnataka

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Udupi Town Branch
Contact 820-2520546
Bank Details Canara Bank Udupi Town Branch CNRB0000630
Location Udupi, Udupi
City Udupi
District Udupi
State Karnataka
Pincode 576101
Country IN
Address P. B. No. 28, kanakadas road, , udupi 576101,
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 Udupi Town Branch 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, Udupi Town Branch branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Udupi Town Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Udupi Town Branch

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 Udupi Town Branch 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 Udupi Town Branch branch. MICR code for Udupi Town Branch 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 Udupi Town Branch is presented in the table alongside.

Use of Canara Bank MICR code for Udupi Town Branch branch in udupi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Udupi Town Branch 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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