Canara Bank Chatratrota Cuttak Orissa MICR CODE

Find MICR Codes for Canara Bank Chatratrota Cuttak Orissa

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chatratota
Contact 0671-2767108
Bank Details Canara Bank Chatratota CNRB0001705
Location Chatratrota, Cuttak
City Chatratrota
District Cuttak
State Orissa
Pincode 754206
Country IN
Address P.o.mahanga-chatartoto 754206 , cuttack , (orissa)
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 0 for Chatratota 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 0 of Canara Bank, Chatratota branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Chatratota 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 -

>>Chatratota

MICR code for Canara Bank Chatratota

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 Chatratota 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. 0 is the MICR code of Canara Bank for Chatratota branch. MICR code for Chatratota 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 Chatratota is presented in the table alongside.

Use of Canara Bank MICR code for Chatratota branch in chatratrota

The MICR code 0 is used in RBI cheque clearing process to identify the branch Chatratota 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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