Canara Bank Gudivada Vishakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Gudivada Vishakhapatnam Andhra Pradesh

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MICR Code	530015662
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Gokivada
Contact	7659036245
Bank Details	Canara Bank Gokivada CNRB0008877

Location	Gudivada, Vishakhapatnam
City	Gudivada
District	Vishakhapatnam
State	Andhra Pradesh
Pincode	531061
Country	IN
Address	Bonkilidibba centre rambilli mandal vsp dist gokiwada andhra pradesh 531061

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 530015662 for Gokivada 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 530015662 of Canara Bank, Gokivada branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Gokivada 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 -

>>Gokivada

MICR code for Canara Bank Gokivada

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 Gokivada 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. 530015662 is the MICR code of Canara Bank for Gokivada branch. MICR code for Gokivada 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 Gokivada is presented in the table alongside.

Use of Canara Bank MICR code for Gokivada branch in gudivada

The MICR code 530015662 is used in RBI cheque clearing process to identify the branch Gokivada 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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