Canara Bank Cuttack Cuttack Orissa MICR CODE

Find MICR Codes for Canara Bank Cuttack Cuttack Orissa

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Khuntakata
Contact 2396842
Bank Details Canara Bank Khuntakata CNRB0006240
Location Cuttack, Cuttack
City Cuttack
District Cuttack
State Orissa
Pincode 754029
Country IN
Address Canara bank at and po khuntakata,via athagarh,dist cuttack khuntakata orissa 754029
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 Khuntakata 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, Khuntakata branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Khuntakata branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Khuntakata

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

Use of Canara Bank MICR code for Khuntakata branch in cuttack

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