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 Saristabad
Contact 9470655722
Bank Details Canara Bank Patna Saristabad CNRB0006110
Location Patna, Patna
City Patna
District Patna
State Bihar
Pincode 800002
Country IN
Address New bye pass road,70 feet rd,bharat petroleum rd,saristabad,po anishabad patna 800002
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 800015037 for Patna Saristabad 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 800015037 of Canara Bank, Patna Saristabad branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Patna Saristabad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Patna Saristabad

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 Saristabad 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. 800015037 is the MICR code of Canara Bank for Patna Saristabad branch. MICR code for Patna Saristabad 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 Saristabad is presented in the table alongside.

Use of Canara Bank MICR code for Patna Saristabad branch in patna

The MICR code 800015037 is used in RBI cheque clearing process to identify the branch Patna Saristabad 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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