Canara Bank Panipat Panipat Haryana MICR CODE

Find MICR Codes for Canara Bank Panipat Panipat Haryana

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Panipat Sector Thirteen Seventeen Ii
Contact 0
Bank Details Canara Bank Panipat Sector Thirteen Seventeen Ii CNRB0019683
Location Panipat, Panipat
City Panipat
District Panipat
State Haryana
Pincode 135001
Country IN
Address Sco 178 sector 13 17 huda commercial complex distt panipat panipat haryana india 135001
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 132015013 for Panipat Sector Thirteen Seventeen 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 132015013 of Canara Bank, Panipat Sector Thirteen Seventeen Ii branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Panipat Sector Thirteen Seventeen Ii branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Panipat Sector Thirteen Seventeen 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 Sector Thirteen Seventeen 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. 132015013 is the MICR code of Canara Bank for Panipat Sector Thirteen Seventeen Ii branch. MICR code for Panipat Sector Thirteen Seventeen 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 Sector Thirteen Seventeen Ii is presented in the table alongside.

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

The MICR code 132015013 is used in RBI cheque clearing process to identify the branch Panipat Sector Thirteen Seventeen 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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