Canara Bank Bhubaneswar Khurda Orissa MICR CODE

Find MICR Codes for Canara Bank Bhubaneswar Khurda Orissa

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MICR Code	751015006
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Stock Exchange
Contact	0674-2544565
Bank Details	Canara Bank Stock Exchange CNRB0002887

Location	Bhubaneswar, Khurda
City	Bhubaneswar
District	Khurda
State	Orissa
Pincode	751006
Country	IN
Address	Idco tower, janpath, bhubaneshwar, orissa -751006

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 751015006 for Stock Exchange 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 751015006 of Canara Bank, Stock Exchange branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Stock Exchange branch, makes the characters readable even if there are other marks and stamps on it.

A total of 14 branches of Canara Bank are available with micr code -

>>Bhubaneshwar Bapuji Ngr (Main) >>Bhubaneswar Bhimatangi >>Bhubaneswar Bramheswarpatana >>Bhubaneswar Delta Square >>Bhubaneswar Kiit Campus >>Bhubaneswar R O >>Chandrashekarpur Bhubaneshwar >>Cuttack Road Bhubaneshwar >>Darlipalli >>I C M R Bhubaneshwar >>Khandagiri Bhubaneswar >>Mcb Bhubaneswar >>Premises And Estate Section Co >>Stock Exchange

MICR code for Canara Bank Stock Exchange

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 Stock Exchange 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. 751015006 is the MICR code of Canara Bank for Stock Exchange branch. MICR code for Stock Exchange 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 Stock Exchange is presented in the table alongside.

Use of Canara Bank MICR code for Stock Exchange branch in bhubaneswar

The MICR code 751015006 is used in RBI cheque clearing process to identify the branch Stock Exchange 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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