Canara Bank Chevella Rangareddy Telangana MICR CODE

Find MICR Codes for Canara Bank Chevella Rangareddy Telangana

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chevella
Contact 23438607
Bank Details Canara Bank Chevella CNRB0006220
Location Chevella, Rangareddy
City Chevella
District Rangareddy
State Telangana
Pincode 501503
Country IN
Address Canara bank h no 1 75,opp petrol pump,main rd chevella,renga reddy district chevella telangana 501503
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 0 for Chevella 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 0 of Canara Bank, Chevella branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Chevella 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 -

>>Chevella

MICR code for Canara Bank Chevella

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 Chevella 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. 0 is the MICR code of Canara Bank for Chevella branch. MICR code for Chevella 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 Chevella is presented in the table alongside.

Use of Canara Bank MICR code for Chevella branch in chevella

The MICR code 0 is used in RBI cheque clearing process to identify the branch Chevella 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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