Canara Bank Kurnool Kurnool Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Kurnool Kurnool Andhra Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kurnool Rythu Bazar
Contact 0
Bank Details Canara Bank Kurnool Rythu Bazar CNRB0013395
Location Kurnool, Kurnool
City Kurnool
District Kurnool
State Andhra Pradesh
Pincode 518002
Country IN
Address Rhythu bazar ccampkurnoolstateandhra pradeshpin518 002
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 518015009 for Kurnool Rythu Bazar 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 518015009 of Canara Bank, Kurnool Rythu Bazar branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Kurnool Rythu Bazar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Kurnool Rythu Bazar

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 Kurnool Rythu Bazar 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. 518015009 is the MICR code of Canara Bank for Kurnool Rythu Bazar branch. MICR code for Kurnool Rythu Bazar 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 Kurnool Rythu Bazar is presented in the table alongside.

Use of Canara Bank MICR code for Kurnool Rythu Bazar branch in kurnool

The MICR code 518015009 is used in RBI cheque clearing process to identify the branch Kurnool Rythu Bazar 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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