Canara Bank Khurda Samantpuri Orissa MICR CODE

Find MICR Codes for Canara Bank Khurda Samantpuri Orissa

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MICR Code	751015038
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bhubaneshwar Iit
Contact	0
Bank Details	Canara Bank Bhubaneshwar Iit CNRB0012428

Location	Khurda, Samantpuri
City	Khurda
District	Samantpuri
State	Orissa
Pincode	751013
Country	IN
Address	Indian institute of technology samantpuri khurda dist bhubaneswar 751013

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 751015038 for Bhubaneshwar Iit 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 751015038 of Canara Bank, Bhubaneshwar Iit branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Bhubaneshwar Iit branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Canara Bank are available with micr code -

>>Bhubaneshwar Iit

MICR code for Canara Bank Bhubaneshwar Iit

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 Bhubaneshwar Iit 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. 751015038 is the MICR code of Canara Bank for Bhubaneshwar Iit branch. MICR code for Bhubaneshwar Iit 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 Bhubaneshwar Iit is presented in the table alongside.

Use of Canara Bank MICR code for Bhubaneshwar Iit branch in khurda

The MICR code 751015038 is used in RBI cheque clearing process to identify the branch Bhubaneshwar Iit 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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