IFSC Code of CANARA BANK, S M E AMBALA branch, AMBALA, HARYANA
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Canara Bank, S M E Ambala, Ambala, Haryana, India branch details available with IFSC Code, City, Bank Address, Bank Location, MICR Code, Branch Code, Contact Number, Official website of the bank, etc
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MICR Code of the Canara Bank, S M E Ambala Branch
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S M E AMBALA
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CANARA BANK 2075 76 CHANDIGARH ROAD BALDEV NAGAR SHINGARI COMPLEX AMBALA CITY HARAYANA 134007
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INDIA
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AMBALA
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NA
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(Last 6 Characters of the IFSC Code) -
NA
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What is a MICR Code?
Magnetic Ink Character Recognition (MICR) is a 9-digit code used in banking for secure and automated cheque processing under the Electronic Clearing System (ECS).
🔹 Structure of a MICR Code:
- First 3 digits – Represent the city code (aligned with PIN codes).
- Middle 3 digits – Represent the bank code.
- Last 3 digits – Represent the specific branch code.
🔹 Where Can You Find a MICR Code?
- Printed at the bottom of cheque leaves.
- Available on the first page of your passbook.
🔹 Why is MICR Important?
- Speeds up cheque clearance using MICR-enabled scanners.
- Reduces errors in processing and ensures quick verification.
- Used for ECS transactions, salary processing, and automatic bill payments.
✅ 2025 Update: Many banks are shifting to digital cheque clearing (DCC), reducing reliance on MICR for faster settlement cycles.
