Canara Bank Amritsar Amritsar Punjab MICR CODE

Find MICR Codes for Canara Bank Amritsar Amritsar Punjab

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jaintipur
Contact 0
Bank Details Canara Bank Jaintipur CNRB0018112
Location Amritsar, Amritsar
City Amritsar
District Amritsar
State Punjab
Pincode 143502
Country IN
Address Canara bank bal market adda jaintipur dist amritsar punjab india 143502
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 143015257 for Jaintipur 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 143015257 of Canara Bank, Jaintipur branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Jaintipur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Jaintipur

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 Jaintipur 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. 143015257 is the MICR code of Canara Bank for Jaintipur branch. MICR code for Jaintipur 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 Jaintipur is presented in the table alongside.

Use of Canara Bank MICR code for Jaintipur branch in amritsar

The MICR code 143015257 is used in RBI cheque clearing process to identify the branch Jaintipur 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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