Canara Bank Koraput Jeypore Orissa MICR CODE

Find MICR Codes for Canara Bank Koraput Jeypore Orissa

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jeypore Ii
Contact 0
Bank Details Canara Bank Jeypore Ii CNRB0018053
Location Koraput, Jeypore
City Koraput
District Jeypore
State Orissa
Pincode
Country IN
Address Padampur bank street jaipur 75501
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 764015103 for Jeypore Ii 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 764015103 of Canara Bank, Jeypore Ii branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Jeypore Ii 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 -

>>Jeypore Ii

MICR code for Canara Bank Jeypore Ii

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 Jeypore Ii 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. 764015103 is the MICR code of Canara Bank for Jeypore Ii branch. MICR code for Jeypore Ii 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 Jeypore Ii is presented in the table alongside.

Use of Canara Bank MICR code for Jeypore Ii branch in koraput

The MICR code 764015103 is used in RBI cheque clearing process to identify the branch Jeypore Ii 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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