Canara Bank Cuttack Cuttak Orissa MICR CODE

Find MICR Codes for Canara Bank Cuttack Cuttak Orissa

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MICR Code	753015004
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Buxi Bazar
Contact	0671-2612433
Bank Details	Canara Bank Buxi Bazar CNRB0002080

Location	Cuttack, Cuttak
City	Cuttack
District	Cuttak
State	Orissa
Pincode	753001
Country	IN
Address	Buxi bazar,at sur complex, mangalabag cuttack 753001

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 753015004 for Buxi Bazar 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 753015004 of Canara Bank, Buxi Bazar branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Buxi Bazar 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 Buxi Bazar

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 Buxi Bazar 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. 753015004 is the MICR code of Canara Bank for Buxi Bazar branch. MICR code for Buxi Bazar 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 Buxi Bazar is presented in the table alongside.

Use of Canara Bank MICR code for Buxi Bazar branch in cuttack

The MICR code 753015004 is used in RBI cheque clearing process to identify the branch Buxi Bazar 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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