Canara Bank Cuddapah Badvel Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Cuddapah Badvel Andhra Pradesh

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MICR Code	516015023
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Badvel
Contact	0
Bank Details	Canara Bank Badvel CNRB0013206

Location	Cuddapah, Badvel
City	Cuddapah
District	Badvel
State	Andhra Pradesh
Pincode	516227
Country	IN
Address	Siddavatam road, badvel, dist cuddapah, andhra pradesh 516227

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 516015023 for Badvel 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 516015023 of Canara Bank, Badvel branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Badvel 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 -

>>Badvel

MICR code for Canara Bank Badvel

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 Badvel 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. 516015023 is the MICR code of Canara Bank for Badvel branch. MICR code for Badvel 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 Badvel is presented in the table alongside.

Use of Canara Bank MICR code for Badvel branch in cuddapah

The MICR code 516015023 is used in RBI cheque clearing process to identify the branch Badvel 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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