Canara Bank Mysore Mysore Karnataka MICR CODE

Find MICR Codes for Canara Bank Mysore Mysore Karnataka

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vijayanagar Ii St Mysore
Contact 821-2528207
Bank Details Canara Bank Vijayanagar Ii St Mysore CNRB0002656
Location Mysore, Mysore
City Mysore
District Mysore
State Karnataka
Pincode 570017
Country IN
Address 1561 & 1562, high tension, double rd, vijayanagar, , 2 stage, mysore 570 017
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 570015016 for Vijayanagar Ii St Mysore 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 570015016 of Canara Bank, Vijayanagar Ii St Mysore branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Vijayanagar Ii St Mysore branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Vijayanagar Ii St Mysore

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 Vijayanagar Ii St Mysore 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. 570015016 is the MICR code of Canara Bank for Vijayanagar Ii St Mysore branch. MICR code for Vijayanagar Ii St Mysore 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 Vijayanagar Ii St Mysore is presented in the table alongside.

Use of Canara Bank MICR code for Vijayanagar Ii St Mysore branch in mysore

The MICR code 570015016 is used in RBI cheque clearing process to identify the branch Vijayanagar Ii St Mysore 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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