Canara Bank Patti Amritsar Punjab MICR CODE

Find MICR Codes for Canara Bank Patti Amritsar Punjab

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Patti
Contact 2243317
Bank Details Canara Bank Patti CNRB0006173
Location Patti, Amritsar
City Patti
District Amritsar
State Punjab
Pincode 143416
Country IN
Address Canara bank tarn taran rd,near preet palace,patti,district tarn taran patti punjab 143416
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 0 for Patti 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 0 of Canara Bank, Patti branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Patti branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Canara Bank are available with micr code -

>>Patti

MICR code for Canara Bank Patti

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 Patti 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. 0 is the MICR code of Canara Bank for Patti branch. MICR code for Patti 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 Patti is presented in the table alongside.

Use of Canara Bank MICR code for Patti branch in patti

The MICR code 0 is used in RBI cheque clearing process to identify the branch Patti 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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