Canara Bank Jajpur Town Jajpur Orissa MICR CODE

Find MICR Codes for Canara Bank Jajpur Town Jajpur Orissa

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Goudasahi
Contact Cb5614@canarabank.Com
Bank Details Canara Bank Goudasahi CNRB0005614
Location Jajpur Town, Jajpur
City Jajpur Town
District Jajpur
State Orissa
Pincode 761015
Country IN
Address At goudasahi po/gp masada dist jajpur 761015
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 Goudasahi 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, Goudasahi branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Goudasahi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Canara Bank are available with micr code -

>>Bari >>Goudasahi >>Jajpur

MICR code for Canara Bank Goudasahi

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 Goudasahi 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 Goudasahi branch. MICR code for Goudasahi 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 Goudasahi is presented in the table alongside.

Use of Canara Bank MICR code for Goudasahi branch in jajpur town

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