Canara Bank Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for Canara Bank Ludhiana Ludhiana Punjab

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MICR Code	141015026
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Paddi
Contact	0
Bank Details	Canara Bank Paddi CNRB0018159

Location	Ludhiana, Ludhiana
City	Ludhiana
District	Ludhiana
State	Punjab
Pincode	141206
Country	IN
Address	Canara bank near busstand opposite village gate vill paddi district ludhiana punjab india 141206

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 141015026 for Paddi 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 141015026 of Canara Bank, Paddi branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Paddi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 27 branches of Canara Bank are available with micr code -

>>Bharat Nagar Chowk Ludhiana >>Chandigarh Road Ludhiana >>Jagraon Ii >>Jhanda >>Ludhiana >>Ludhiana >>Ludhiana A R M Branch >>Ludhiana Court Road Main >>Ludhiana Kailash Nagar >>Ludhiana Mid Corporate Branch >>Ludhiana Miller Ganj Ii >>Ludhiana R O >>Ludhiana Shahid Bhagat Singh Nagar >>Ludhiana Sundernagar >>Majestic Auto Focal Point Br Ludhiana >>Msme Sulabh Ludhiana >>Over Seas Branch Ludhiana >>Paddi >>Qila Raipur >>Rah Ludhiana >>Rajpura Road Ludhiana >>Sarabha Nagar Ludhiana >>Savings Branch Ludhiana >>Sme Branch Ludhiana >>Specialised Mid Corporate Branch Ludhiana Industrial Area A >>Ssi Millerganj Ludhiana >>Sundernagar Sme Ludhiana

MICR code for Canara Bank Paddi

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 Paddi 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. 141015026 is the MICR code of Canara Bank for Paddi branch. MICR code for Paddi 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 Paddi is presented in the table alongside.

Use of Canara Bank MICR code for Paddi branch in ludhiana

The MICR code 141015026 is used in RBI cheque clearing process to identify the branch Paddi 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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