Canara Bank Panipat Panipat Haryana MICR CODE

Find MICR Codes for Canara Bank Panipat Panipat Haryana

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MICR Code	132015007
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sme Panipat
Contact	0180-2663507
Bank Details	Canara Bank Sme Panipat CNRB0003979

Location	Panipat, Panipat
City	Panipat
District	Panipat
State	Haryana
Pincode	132103
Country	IN
Address	Near hotel gold,niit building, g t road, panipat-132103

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 132015007 for Sme Panipat 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 132015007 of Canara Bank, Sme Panipat branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Sme Panipat 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 Sme Panipat

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 Sme Panipat 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. 132015007 is the MICR code of Canara Bank for Sme Panipat branch. MICR code for Sme Panipat 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 Sme Panipat is presented in the table alongside.

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

The MICR code 132015007 is used in RBI cheque clearing process to identify the branch Sme Panipat 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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