Canara Bank Visakhapatnam Vizanagaram Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Visakhapatnam Vizanagaram Andhra Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kothavalasa
Contact 8331018846
Bank Details Canara Bank Kothavalasa CNRB0005736
Location Visakhapatnam, Vizanagaram
City Visakhapatnam
District Vizanagaram
State Andhra Pradesh
Pincode 535183
Country IN
Address I floor,moorkuri mansions,opp mdo office,main road,kothavalasa 535183
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 535015602 for Kothavalasa 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 535015602 of Canara Bank, Kothavalasa branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Kothavalasa 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 -

>>Kothavalasa

MICR code for Canara Bank Kothavalasa

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 Kothavalasa 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. 535015602 is the MICR code of Canara Bank for Kothavalasa branch. MICR code for Kothavalasa 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 Kothavalasa is presented in the table alongside.

Use of Canara Bank MICR code for Kothavalasa branch in visakhapatnam

The MICR code 535015602 is used in RBI cheque clearing process to identify the branch Kothavalasa 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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