MICR Code Bank
Find MICR code for Canara Bank Chandigarh Industrial Area branches in India for NEFT and RTGS transfer

Canara Bank Chandigarh Industrial Area MICR CODE

Find MICR Codes for Canara Bank Chandigarh Industrial Area

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  1. Canara Bank »
  2. Chandigarh »
  3. chandigarh »
  4. chandigarh »
  5. chandigarh industrial area (sme)

Find MICR Codes for Canara Bank Chandigarh Industrial Area

MICR Code: -NA-
Bank: Canara Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Chandigarh Industrial Area (Sme)
Contact: Cb4848@canarabank.Com
Bank Details: Canara Bank Chandigarh Industrial Area (Sme) CNRB0004848
Location: Chandigarh, Chandigarh
City: Chandigarh
District: Chandigarh
State: Chandigarh
Pincode: 160002
Country: IN
Address: Industrial area chandigarh

How does MICR code for chandigarh industrial area 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 of Canara Bank, chandigarh industrial area branch makes the system almost error free and faster. Use of Canara Bank MICR codes for chandigarh industrial area branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank chandigarh industrial area

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 chandigarh industrial area 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. is the MICR code of Canara Bank for chandigarh industrial area branch. MICR code for chandigarh industrial area 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 chandigarh industrial area is presented in the table alongside.

Use of Canara Bank MICR code for chandigarh industrial area branch in chandigarh

The MICR code is used in RBI cheque clearing process to identify the branch chandigarh industrial area 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.