Canara Bank Jajpur Chandikhol Orissa MICR CODE

Find MICR Codes for Canara Bank Jajpur Chandikhol Orissa

↻ Reload
MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chandikhol
Contact 0
Bank Details Canara Bank Chandikhol CNRB0018051
Location Jajpur, Chandikhol
City Jajpur
District Chandikhol
State Orissa
Pincode 754024
Country IN
Address Chandikhol chhak sunguda po via dhanmandal jajpur orissa 754 024
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 754015005 for Chandikhol 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 754015005 of Canara Bank, Chandikhol branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Chandikhol 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 -

>>Chandikhol

MICR code for Canara Bank Chandikhol

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 Chandikhol 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. 754015005 is the MICR code of Canara Bank for Chandikhol branch. MICR code for Chandikhol 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 Chandikhol is presented in the table alongside.

Use of Canara Bank MICR code for Chandikhol branch in jajpur

The MICR code 754015005 is used in RBI cheque clearing process to identify the branch Chandikhol 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.

Copied!