Canara Bank Cuttack Cuttak Orissa MICR CODE

Find MICR Codes for Canara Bank Cuttack Cuttak Orissa

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Badambadi Cuttack
Contact 0671-2312765
Bank Details Canara Bank Badambadi Cuttack CNRB0002566
Location Cuttack, Cuttak
City Cuttack
District Cuttak
State Orissa
Pincode 753009
Country IN
Address Jayashree plaza,, badambadi, p o telenga bazar,cuttack 753009
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 753015003 for Badambadi Cuttack 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 753015003 of Canara Bank, Badambadi Cuttack branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Badambadi Cuttack branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Canara Bank are available with micr code -

>>Badambadi Cuttack >>Buxi Bazar >>Chandni Chhak Cuttack >>Choudhary Bazaar Cuttack >>Rambagh

MICR code for Canara Bank Badambadi Cuttack

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 Badambadi Cuttack 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. 753015003 is the MICR code of Canara Bank for Badambadi Cuttack branch. MICR code for Badambadi Cuttack 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 Badambadi Cuttack is presented in the table alongside.

Use of Canara Bank MICR code for Badambadi Cuttack branch in cuttack

The MICR code 753015003 is used in RBI cheque clearing process to identify the branch Badambadi Cuttack 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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