Canara Bank Khurda Bhubaneswar Orissa MICR CODE

Find MICR Codes for Canara Bank Khurda Bhubaneswar Orissa

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Baramunda
Contact 0
Bank Details Canara Bank Baramunda CNRB0017995
Location Khurda, Bhubaneswar
City Khurda
District Bhubaneswar
State Orissa
Pincode 751003
Country IN
Address Plot no 382 1156 near delta chhak paikanagar unit 18 baramunda bhubaneswar odisha india 751003
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 751015032 for Baramunda 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 751015032 of Canara Bank, Baramunda branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Baramunda branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Baramunda

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 Baramunda 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. 751015032 is the MICR code of Canara Bank for Baramunda branch. MICR code for Baramunda 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 Baramunda is presented in the table alongside.

Use of Canara Bank MICR code for Baramunda branch in khurda

The MICR code 751015032 is used in RBI cheque clearing process to identify the branch Baramunda 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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