Canara Bank Krishna Vijayawada Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Krishna Vijayawada Andhra Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chodavaram
Contact 0
Bank Details Canara Bank Chodavaram CNRB0013775
Location Krishna, Vijayawada
City Krishna
District Vijayawada
State Andhra Pradesh
Pincode 521139
Country IN
Address Dno 4 50 opp to post office main road near panchayat office penamaluru mandal vijayawada andhra pradesh india 521139
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 521015031 for Chodavaram 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 521015031 of Canara Bank, Chodavaram branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Chodavaram branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Chodavaram

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 Chodavaram 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. 521015031 is the MICR code of Canara Bank for Chodavaram branch. MICR code for Chodavaram 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 Chodavaram is presented in the table alongside.

Use of Canara Bank MICR code for Chodavaram branch in krishna

The MICR code 521015031 is used in RBI cheque clearing process to identify the branch Chodavaram 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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