Canara Bank Visakhapatnam Vishakapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Visakhapatnam Vishakapatnam Andhra Pradesh

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MICR Code	530015006
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	M.V.P.Palem Vishakapatnam
Contact	0891-2784794
Bank Details	Canara Bank M.V.P.Palem Vishakapatnam CNRB0002500

Location	Visakhapatnam, Vishakapatnam
City	Visakhapatnam
District	Vishakapatnam
State	Andhra Pradesh
Pincode	530017
Country	IN
Address	Vishakapatnam, m.v.p.palem, 1-83-43, plot no.204/4,, double road,, m v p colony, 530017

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 530015006 for M.V.P.Palem Vishakapatnam 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 530015006 of Canara Bank, M.V.P.Palem Vishakapatnam branch makes the system almost error free and faster. Use of Canara Bank MICR codes for M.V.P.Palem Vishakapatnam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Canara Bank are available with micr code -

>>Chettivanipalayam >>Circle Office Visakhapatnam >>Dwarakanagar Vishakapatnam >>Gajuwaka Br Vishakapatnam >>Kancherpalem >>Kurmanapalem >>M.V.P.Palem Vishakapatnam >>Muralinagar Vishakhapatnam >>Visakhapatnam Steel Plant Rinl >>Vishakapatnam >>Vishakapatnam Daba Garden >>Vishakhapatnam Overseas Branch

MICR code for Canara Bank M.V.P.Palem Vishakapatnam

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 M.V.P.Palem Vishakapatnam 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. 530015006 is the MICR code of Canara Bank for M.V.P.Palem Vishakapatnam branch. MICR code for M.V.P.Palem Vishakapatnam 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 M.V.P.Palem Vishakapatnam is presented in the table alongside.

Use of Canara Bank MICR code for M.V.P.Palem Vishakapatnam branch in visakhapatnam

The MICR code 530015006 is used in RBI cheque clearing process to identify the branch M.V.P.Palem Vishakapatnam 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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