Canara Bank Moga Moga Punjab MICR CODE

Find MICR Codes for Canara Bank Moga Moga Punjab

MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Moga Ii
Contact 0
Bank Details Canara Bank Moga Ii CNRB0018143
Location Moga, Moga
City Moga
District Moga
State Punjab
Pincode 142001
Country IN
Address 1273 73 kalsi furniture mart opp s p batteries akalsar road moga 142001
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 142015007 for Moga Ii 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 142015007 of Canara Bank, Moga Ii branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Moga Ii branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Canara Bank are available with micr code -

>>Moga >>Moga Ii >>Sandhwan Wala Urf Churkit

MICR code for Canara Bank Moga Ii

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 Moga Ii 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. 142015007 is the MICR code of Canara Bank for Moga Ii branch. MICR code for Moga Ii 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 Moga Ii is presented in the table alongside.

Use of Canara Bank MICR code for Moga Ii branch in moga

The MICR code 142015007 is used in RBI cheque clearing process to identify the branch Moga Ii 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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