Canara Bank Secunderabad Cantonment Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Secunderabad Cantonment 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 Ind Fin Branch Secunderabad
Contact 040-23438638
Bank Details Canara Bank Ind Fin Branch Secunderabad CNRB0002657
Location Secunderabad Cantonment, Hyderabad Urban
City Secunderabad Cantonment
District Hyderabad Urban
State Andhra Pradesh
Pincode 500003
Country IN
Address 2 floor,t.subba rami reddy, complex,s.p.road, secunderabad 500 003
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 500015045 for Ind Fin Branch Secunderabad 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 500015045 of Canara Bank, Ind Fin Branch Secunderabad branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Ind Fin Branch Secunderabad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Ind Fin Branch Secunderabad

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 Ind Fin Branch Secunderabad 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. 500015045 is the MICR code of Canara Bank for Ind Fin Branch Secunderabad branch. MICR code for Ind Fin Branch Secunderabad 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 Ind Fin Branch Secunderabad is presented in the table alongside.

Use of Canara Bank MICR code for Ind Fin Branch Secunderabad branch in secunderabad cantonment

The MICR code 500015045 is used in RBI cheque clearing process to identify the branch Ind Fin Branch Secunderabad 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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