Canara Bank Chandigarh Gillpatti Punjab MICR CODE

Find MICR Codes for Canara Bank Chandigarh Gillpatti Punjab

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gillpatti
Contact 0
Bank Details Canara Bank Gillpatti CNRB0018107
Location Chandigarh, Gillpatti
City Chandigarh
District Gillpatti
State Punjab
Pincode 151201
Country IN
Address Vpo gillpatti goniana road tehsil goniana dist bathinda gillpatti punjab 151201 india
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 151015012 for Gillpatti 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 151015012 of Canara Bank, Gillpatti branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Gillpatti branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Canara Bank are available with micr code -

>>Gillpatti

MICR code for Canara Bank Gillpatti

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 Gillpatti 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. 151015012 is the MICR code of Canara Bank for Gillpatti branch. MICR code for Gillpatti 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 Gillpatti is presented in the table alongside.

Use of Canara Bank MICR code for Gillpatti branch in chandigarh

The MICR code 151015012 is used in RBI cheque clearing process to identify the branch Gillpatti 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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