Canara Bank Ganjam Chudangapur Orissa MICR CODE

Find MICR Codes for Canara Bank Ganjam Chudangapur Orissa

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chudangapur
Contact 0
Bank Details Canara Bank Chudangapur CNRB0018049
Location Ganjam, Chudangapur
City Ganjam
District Chudangapur
State Orissa
Pincode 761012
Country IN
Address Via dig pahandi dist ganjam pin 761012
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 761015006 for Chudangapur 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 761015006 of Canara Bank, Chudangapur branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Chudangapur 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 -

>>Chudangapur

MICR code for Canara Bank Chudangapur

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 Chudangapur 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. 761015006 is the MICR code of Canara Bank for Chudangapur branch. MICR code for Chudangapur 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 Chudangapur is presented in the table alongside.

Use of Canara Bank MICR code for Chudangapur branch in ganjam

The MICR code 761015006 is used in RBI cheque clearing process to identify the branch Chudangapur 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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