Canara Bank Nalgonda Nalgonda Telangana MICR CODE

Find MICR Codes for Canara Bank Nalgonda Nalgonda Telangana

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Appajipet
Contact 7207603487
Bank Details Canara Bank Appajipet CNRB0005485
Location Nalgonda, Nalgonda
City Nalgonda
District Nalgonda
State Telangana
Pincode 500801
Country IN
Address Canara bank h no 4 108 appajipet nalgonda mandal nalgonda dist appajipet telangana 500801
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 508015506 for Appajipet 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 508015506 of Canara Bank, Appajipet branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Appajipet branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Canara Bank are available with micr code -

>>Appajipet >>Nalagonda Ii >>Nalgonda Venkateswara Colony >>Palivela >>Suryapet Ii

MICR code for Canara Bank Appajipet

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 Appajipet 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. 508015506 is the MICR code of Canara Bank for Appajipet branch. MICR code for Appajipet 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 Appajipet is presented in the table alongside.

Use of Canara Bank MICR code for Appajipet branch in nalgonda

The MICR code 508015506 is used in RBI cheque clearing process to identify the branch Appajipet 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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