Canara Bank Panipat Panipat Haryana MICR CODE

Find MICR Codes for Canara Bank Panipat Panipat Haryana

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MICR Code	132015012
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Panipat Ii
Contact	0
Bank Details	Canara Bank Panipat Ii CNRB0018205

Location	Panipat, Panipat
City	Panipat
District	Panipat
State	Haryana
Pincode	132103
Country	IN
Address	Malik lal chand petrol pump complex near hotel gold g t rd haryana 132 103

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 132015012 for Panipat Ii 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 132015012 of Canara Bank, Panipat Ii branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Panipat Ii branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of Canara Bank are available with micr code -

>>Assandh Road Panipat >>Dehra >>Msme Sulabh Panipat >>Nizampur >>Panipat Ii >>Panipat Main >>Panipat Mcb >>Panipat Rah >>Panipat Sec >>Panipat Sector Thirteen Seventeen Ii >>Panipat Tehsil Camp >>Ro Panipat >>Sme Panipat

MICR code for Canara Bank Panipat Ii

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 Panipat Ii 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. 132015012 is the MICR code of Canara Bank for Panipat Ii branch. MICR code for Panipat Ii 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 Panipat Ii is presented in the table alongside.

Use of Canara Bank MICR code for Panipat Ii branch in panipat

The MICR code 132015012 is used in RBI cheque clearing process to identify the branch Panipat Ii 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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