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 Patna Ashok Rajpath
Contact 9472802063
Bank Details Canara Bank Patna Ashok Rajpath CNRB0004957
Location Patna, Patna
City Patna
District Patna
State Bihar
Pincode 800004
Country IN
Address Canara bank near teachers training school opp allahabad bank mahendru ashok rajpath bihar 800004
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 800015033 for Patna Ashok Rajpath 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 800015033 of Canara Bank, Patna Ashok Rajpath branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Patna Ashok Rajpath branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Patna Ashok Rajpath

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 Patna Ashok Rajpath 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. 800015033 is the MICR code of Canara Bank for Patna Ashok Rajpath branch. MICR code for Patna Ashok Rajpath 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 Patna Ashok Rajpath is presented in the table alongside.

Use of Canara Bank MICR code for Patna Ashok Rajpath branch in patna

The MICR code 800015033 is used in RBI cheque clearing process to identify the branch Patna Ashok Rajpath 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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