Canara Bank Rangareddy Rangareddy Dist Telangana MICR CODE

Find MICR Codes for Canara Bank Rangareddy Rangareddy Dist Telangana

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MICR Code	500015176
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bandlaguda
Contact	0
Bank Details	Canara Bank Bandlaguda CNRB0013309

Location	Rangareddy, Rangareddy Dist
City	Rangareddy
District	Rangareddy Dist
State	Telangana
Pincode	500068
Country	IN
Address	H no 21 1 271 by 1 anand nagar clny bandlaguda rangareddy dist andhra pradesh 500068 india

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 500015176 for Bandlaguda 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 500015176 of Canara Bank, Bandlaguda branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Bandlaguda branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Canara Bank are available with micr code -

>>Bandlaguda >>Kuntloor >>Manneguda >>Narapally

MICR code for Canara Bank Bandlaguda

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 Bandlaguda 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. 500015176 is the MICR code of Canara Bank for Bandlaguda branch. MICR code for Bandlaguda 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 Bandlaguda is presented in the table alongside.

Use of Canara Bank MICR code for Bandlaguda branch in rangareddy

The MICR code 500015176 is used in RBI cheque clearing process to identify the branch Bandlaguda 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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