Canara Bank Jharsuguda Jharsuguda Orissa MICR CODE

Find MICR Codes for Canara Bank Jharsuguda Jharsuguda Orissa

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jharsuguda
Contact 06645-272433
Bank Details Canara Bank Jharsuguda CNRB0002805
Location Jharsuguda, Jharsuguda
City Jharsuguda
District Jharsuguda
State Orissa
Pincode 768201
Country IN
Address Mishra picture place,, mangal bazar road,, jharsuguda, dist: jharsuguda(o
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 Jharsuguda 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, Jharsuguda branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Jharsuguda 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 -

>>Jharsuguda >>Jharsugudda Ii >>Sme Jharsuguda

MICR code for Canara Bank Jharsuguda

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

Use of Canara Bank MICR code for Jharsuguda branch in jharsuguda

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