Canara Bank Chandigarh Chandigarh Chandigarh MICR CODE

Find MICR Codes for Canara Bank Chandigarh Chandigarh Chandigarh

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MICR Code	160015003
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Consumer Finance Branch Chandigarh
Contact	0172-2621989
Bank Details	Canara Bank Consumer Finance Branch Chandigarh CNRB0002452

Location	Chandigarh, Chandigarh
City	Chandigarh
District	Chandigarh
State	Chandigarh
Pincode	160017
Country	IN
Address	Plot no.1, sector 34 a, chandigarh 160017,

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.

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Consumer Finance Branch Chandigarh (160015003)

How does MICR code 160015003 for Consumer Finance Branch Chandigarh 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 160015003 of Canara Bank, Consumer Finance Branch Chandigarh branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Consumer Finance Branch Chandigarh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 30 branches of Canara Bank are available with micr code -

>>Chandigarh >>Chandigarh Industrial Area (Sme) >>Chandigarh Main >>Chandigarh Prime Corporate >>Chandigarh Sector 17C (Main) >>Chandigarh Sector 44 D >>Chandigarh Sector Forty Five >>Chandigarh Sector Thirty Eight >>Chandigarh Sector Thirty Four >>Chandigarh Sector Thirty Six A >>Cirlce Office Chandigarh >>Consumer Finance Branch Chandigarh >>Foreign Department Chandigarh >>Manimajra >>Micro Finance Br Chandigarh >>Nac Manimajra >>Panjab Uni Campus Chandigarh >>Rah Chandigarh >>Regional Office Panchkula >>Sector 30C Chandigarh >>Sector 32 Branch Chandigarh >>Sector 35B Chandigarh >>Sector 40 C Savings Chandigarh >>Sector 47 C Savings Chandigarh >>Sector 8 Chandigarh >>Sector19 Chandigarh >>Sector37 Chandigargh >>Specialised Asset Recvry Mgmt Chandigarh >>Sunam >>Zonal Inspectorate Chandigarh

MICR code for Canara Bank Consumer Finance Branch Chandigarh

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 Consumer Finance Branch Chandigarh 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. 160015003 is the MICR code of Canara Bank for Consumer Finance Branch Chandigarh branch. MICR code for Consumer Finance Branch Chandigarh 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 Consumer Finance Branch Chandigarh is presented in the table alongside.

Use of Canara Bank MICR code for Consumer Finance Branch Chandigarh branch in chandigarh

The MICR code 160015003 is used in RBI cheque clearing process to identify the branch Consumer Finance Branch Chandigarh 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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