Canara Bank Hyderabad Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Hyderabad Hyderabad Urban Andhra Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hyderabad Masab Tank
Contact 040 - 23391262
Bank Details Canara Bank Hyderabad Masab Tank CNRB0000798
Location Hyderabad, Hyderabad Urban
City Hyderabad
District Hyderabad Urban
State Andhra Pradesh
Pincode 500028
Country IN
Address 10/1/127, masab tank, hyderabad 500028,
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 500015019 for Hyderabad Masab Tank 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 500015019 of Canara Bank, Hyderabad Masab Tank branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Hyderabad Masab Tank branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Hyderabad Masab Tank

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 Hyderabad Masab Tank 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. 500015019 is the MICR code of Canara Bank for Hyderabad Masab Tank branch. MICR code for Hyderabad Masab Tank 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 Hyderabad Masab Tank is presented in the table alongside.

Use of Canara Bank MICR code for Hyderabad Masab Tank branch in hyderabad

The MICR code 500015019 is used in RBI cheque clearing process to identify the branch Hyderabad Masab Tank 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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