Canara Bank Vijayawada Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Vijayawada Krishna Andhra Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bharatinagar Vijayawada
Contact 0866-2491437
Bank Details Canara Bank Bharatinagar Vijayawada CNRB0002985
Location Vijayawada, Krishna
City Vijayawada
District Krishna
State Andhra Pradesh
Pincode 520008
Country IN
Address Maris stella college campus, opp govt polytechnic college, bharatinagar, vijayawada ; a p
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 520015010 for Bharatinagar Vijayawada 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 520015010 of Canara Bank, Bharatinagar Vijayawada branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Bharatinagar Vijayawada branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Bharatinagar Vijayawada

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 Bharatinagar Vijayawada 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. 520015010 is the MICR code of Canara Bank for Bharatinagar Vijayawada branch. MICR code for Bharatinagar Vijayawada 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 Bharatinagar Vijayawada is presented in the table alongside.

Use of Canara Bank MICR code for Bharatinagar Vijayawada branch in vijayawada

The MICR code 520015010 is used in RBI cheque clearing process to identify the branch Bharatinagar Vijayawada 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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