Canara Bank Rupnagar Sas Nagar Mohali Punjab MICR CODE

Find MICR Codes for Canara Bank Rupnagar Sas Nagar Mohali Punjab

Bank
State
District
City
Branch
Address

MICR Code	160015067
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mohali Sector Eighty Two
Contact	0
Bank Details	Canara Bank Mohali Sector Eighty Two CNRB0019620

Location	Rupnagar, Sas Nagar Mohali
City	Rupnagar
District	Sas Nagar Mohali
State	Punjab
Pincode	160055
Country	IN
Address	Canara bank plot no 30 janta land promoters ltd sector 82 s a s kagar mohali punjab india 160055

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 160015067 for Mohali Sector Eighty Two 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 160015067 of Canara Bank, Mohali Sector Eighty Two branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Mohali Sector Eighty Two 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 -

>>Dera Bassi Ii >>Krishi Samruddhi Kendra >>Mohali Sector Eighty Two

MICR code for Canara Bank Mohali Sector Eighty Two

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 Mohali Sector Eighty Two 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. 160015067 is the MICR code of Canara Bank for Mohali Sector Eighty Two branch. MICR code for Mohali Sector Eighty Two 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 Mohali Sector Eighty Two is presented in the table alongside.

Use of Canara Bank MICR code for Mohali Sector Eighty Two branch in rupnagar

The MICR code 160015067 is used in RBI cheque clearing process to identify the branch Mohali Sector Eighty Two 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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