Canara Bank Ferozpur Fazilka Punjab MICR CODE

Find MICR Codes for Canara Bank Ferozpur Fazilka Punjab

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Abohar Ii
Contact 0
Bank Details Canara Bank Abohar Ii CNRB0018127
Location Ferozpur, Fazilka
City Ferozpur
District Fazilka
State Punjab
Pincode 152116
Country IN
Address Sco 24 25 lajpat rai market main circular road ward no 26 abohar distt fazilka punjab india 152116
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 152015054 for Abohar Ii 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 152015054 of Canara Bank, Abohar Ii branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Abohar Ii 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 -

>>Abohar Ii >>Arniwala Sheikh Subhan

MICR code for Canara Bank Abohar Ii

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 Abohar Ii 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. 152015054 is the MICR code of Canara Bank for Abohar Ii branch. MICR code for Abohar Ii 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 Abohar Ii is presented in the table alongside.

Use of Canara Bank MICR code for Abohar Ii branch in ferozpur

The MICR code 152015054 is used in RBI cheque clearing process to identify the branch Abohar Ii 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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