Canara Bank Anantapur Anantapur Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Anantapur Anantapur Andhra Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kandukuru
Contact 0
Bank Details Canara Bank Kandukuru CNRB0013803
Location Anantapur, Anantapur
City Anantapur
District Anantapur
State Andhra Pradesh
Pincode 515721
Country IN
Address D no 1 75 near poleramma temple near railway station kandukur anantapur taluk anantapur andhra pradesh india 515721
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 515015056 for Kandukuru 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 515015056 of Canara Bank, Kandukuru branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Kandukuru branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Kandukuru

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 Kandukuru 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. 515015056 is the MICR code of Canara Bank for Kandukuru branch. MICR code for Kandukuru 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 Kandukuru is presented in the table alongside.

Use of Canara Bank MICR code for Kandukuru branch in anantapur

The MICR code 515015056 is used in RBI cheque clearing process to identify the branch Kandukuru 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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