Canara Bank Warangal Devagiripatnam Telangana MICR CODE

Find MICR Codes for Canara Bank Warangal Devagiripatnam Telangana

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Devagiripatnam Mulugu
Contact 0
Bank Details Canara Bank Devagiripatnam Mulugu CNRB0013606
Location Warangal, Devagiripatnam
City Warangal
District Devagiripatnam
State Telangana
Pincode 506343
Country IN
Address Dr vishnu mohan building near bus stand mulugu mulugu mandal warangal 506 343
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 506015015 for Devagiripatnam Mulugu 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 506015015 of Canara Bank, Devagiripatnam Mulugu branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Devagiripatnam Mulugu 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 -

>>Devagiripatnam Mulugu

MICR code for Canara Bank Devagiripatnam Mulugu

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 Devagiripatnam Mulugu 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. 506015015 is the MICR code of Canara Bank for Devagiripatnam Mulugu branch. MICR code for Devagiripatnam Mulugu 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 Devagiripatnam Mulugu is presented in the table alongside.

Use of Canara Bank MICR code for Devagiripatnam Mulugu branch in warangal

The MICR code 506015015 is used in RBI cheque clearing process to identify the branch Devagiripatnam Mulugu 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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