Canara Bank Patiala Patiala Punjab MICR CODE

Find MICR Codes for Canara Bank Patiala Patiala Punjab

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MICR Code	147015004
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Sst Nagar Patiala
Contact	0175-2371022
Bank Details	Canara Bank Sst Nagar Patiala CNRB0002918

Location	Patiala, Patiala
City	Patiala
District	Patiala
State	Punjab
Pincode	147001
Country	IN
Address	Scf 2, sst nagar, patiala, punjab - 147001

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 147015004 for Sst Nagar Patiala 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 147015004 of Canara Bank, Sst Nagar Patiala branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Sst Nagar Patiala branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Canara Bank are available with micr code -

>>Dharmapura Bazar Patiala >>Head Quarter I Patiala >>Patiala >>Patiala Anand Nagar >>Patiala Main >>Patiala Sme >>Rajpura Ii >>Sst Nagar Patiala

MICR code for Canara Bank Sst Nagar Patiala

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 Sst Nagar Patiala 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. 147015004 is the MICR code of Canara Bank for Sst Nagar Patiala branch. MICR code for Sst Nagar Patiala 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 Sst Nagar Patiala is presented in the table alongside.

Use of Canara Bank MICR code for Sst Nagar Patiala branch in patiala

The MICR code 147015004 is used in RBI cheque clearing process to identify the branch Sst Nagar Patiala 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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