Canara Bank Bolangir Naren Orissa MICR CODE

Find MICR Codes for Canara Bank Bolangir Naren Orissa

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Naren
Contact 0
Bank Details Canara Bank Naren CNRB0018022
Location Bolangir, Naren
City Bolangir
District Naren
State Orissa
Pincode 767066
Country IN
Address Plot no 895 po naren via titlagarh dist bolangir naren odisha 767066
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 767015004 for Naren 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 767015004 of Canara Bank, Naren branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Naren 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 -

>>Naren

MICR code for Canara Bank Naren

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 Naren 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. 767015004 is the MICR code of Canara Bank for Naren branch. MICR code for Naren 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 Naren is presented in the table alongside.

Use of Canara Bank MICR code for Naren branch in bolangir

The MICR code 767015004 is used in RBI cheque clearing process to identify the branch Naren 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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