Canara Bank Mallawana Khas Ferozepur Punjab MICR CODE

Find MICR Codes for Canara Bank Mallawana Khas Ferozepur Punjab

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mallanwalla Khas
Contact 01682-275148
Bank Details Canara Bank Mallanwalla Khas CNRB0002113
Location Mallawana Khas, Ferozepur
City Mallawana Khas
District Ferozepur
State Punjab
Pincode 152021
Country IN
Address Mallanwala khas,dist ferozepur (punjab) - 152 021
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 0 for Mallanwalla Khas 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 0 of Canara Bank, Mallanwalla Khas branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Mallanwalla Khas 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 -

>>Mallanwalla Khas

MICR code for Canara Bank Mallanwalla Khas

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 Mallanwalla Khas 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. 0 is the MICR code of Canara Bank for Mallanwalla Khas branch. MICR code for Mallanwalla Khas 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 Mallanwalla Khas is presented in the table alongside.

Use of Canara Bank MICR code for Mallanwalla Khas branch in mallawana khas

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mallanwalla Khas 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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