Canara Bank East Godavari Kakinada Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank East Godavari Kakinada Andhra Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kakinada Ramanaiahpeta
Contact 0
Bank Details Canara Bank Kakinada Ramanaiahpeta CNRB0013636
Location East Godavari, Kakinada
City East Godavari
District Kakinada
State Andhra Pradesh
Pincode 533005
Country IN
Address Dno 1 511 by 7 rayudupalem ramanaiahpeta gram panchayat kakinada andhra pradesh 533005 india
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 533015017 for Kakinada Ramanaiahpeta 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 533015017 of Canara Bank, Kakinada Ramanaiahpeta branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Kakinada Ramanaiahpeta branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Kakinada Ramanaiahpeta

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 Kakinada Ramanaiahpeta 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. 533015017 is the MICR code of Canara Bank for Kakinada Ramanaiahpeta branch. MICR code for Kakinada Ramanaiahpeta 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 Kakinada Ramanaiahpeta is presented in the table alongside.

Use of Canara Bank MICR code for Kakinada Ramanaiahpeta branch in east godavari

The MICR code 533015017 is used in RBI cheque clearing process to identify the branch Kakinada Ramanaiahpeta 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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