Canara Bank Hyderabad Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Hyderabad Hyderabad Andhra Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhegas High School Hyderabad
Contact 040-270 55917
Bank Details Canara Bank Bhegas High School Hyderabad CNRB0008686
Location Hyderabad, Hyderabad
City Hyderabad
District Hyderabad
State Andhra Pradesh
Pincode 560047
Country IN
Address Beghas high school gowtham nagar, malkajgiri, hyderabad andhra pradesh 560047
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 500015051 for Bhegas High School Hyderabad 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 500015051 of Canara Bank, Bhegas High School Hyderabad branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Bhegas High School Hyderabad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Bhegas High School Hyderabad

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 Bhegas High School Hyderabad 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. 500015051 is the MICR code of Canara Bank for Bhegas High School Hyderabad branch. MICR code for Bhegas High School Hyderabad 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 Bhegas High School Hyderabad is presented in the table alongside.

Use of Canara Bank MICR code for Bhegas High School Hyderabad branch in hyderabad

The MICR code 500015051 is used in RBI cheque clearing process to identify the branch Bhegas High School Hyderabad 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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