Canara Bank Patna Patna Bihar MICR CODE

Find MICR Codes for Canara Bank Patna Patna Bihar

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mithapur Bus Stand Patna
Contact Cb5487@canarabank.Com
Bank Details Canara Bank Mithapur Bus Stand Patna CNRB0005487
Location Patna, Patna
City Patna
District Patna
State Bihar
Pincode 800001
Country IN
Address Krishna baikunnth complex indira nagar road no 01 postal park patna 800001
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 800015029 for Mithapur Bus Stand Patna 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 800015029 of Canara Bank, Mithapur Bus Stand Patna branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Mithapur Bus Stand Patna branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Mithapur Bus Stand Patna

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 Mithapur Bus Stand Patna 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. 800015029 is the MICR code of Canara Bank for Mithapur Bus Stand Patna branch. MICR code for Mithapur Bus Stand Patna 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 Mithapur Bus Stand Patna is presented in the table alongside.

Use of Canara Bank MICR code for Mithapur Bus Stand Patna branch in patna

The MICR code 800015029 is used in RBI cheque clearing process to identify the branch Mithapur Bus Stand Patna 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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