Canara Bank Nellore Nellore Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Nellore Nellore Andhra Pradesh

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State
District
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MICR Code	-NA-
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Magunta Layout Nellore
Contact	0861-2305620
Bank Details	Canara Bank Magunta Layout Nellore CNRB0002844

Location	Nellore, Nellore
City	Nellore
District	Nellore
State	Andhra Pradesh
Pincode	524003
Country	IN
Address	Plot no.468/b, kings court, main road, magunta layout, nellore, (a.p.)

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 0 for Magunta Layout Nellore 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 0 of Canara Bank, Magunta Layout Nellore branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Magunta Layout Nellore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 17 branches of Canara Bank are available with micr code -

>>Aditya Nagar Nellore >>Agricultural Credit Centre Nellore >>Anikepalli Golagamudi >>Buchireddypalem >>Buja Buja Nellore Rural >>Krishnapatnamport Nellore >>Magunta Layout Nellore >>Msme Sulabh Nellore >>Nellore >>Nellore Bhakthavatsala Nagar >>Nellore Brindavanam Main >>Nellore Dargamitta >>Nellore Nawabpet >>Nellore V V Puram E C >>Rah Nellore >>Ramatheertham >>Vinjamur

MICR code for Canara Bank Magunta Layout Nellore

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 Magunta Layout Nellore 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. 0 is the MICR code of Canara Bank for Magunta Layout Nellore branch. MICR code for Magunta Layout Nellore 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 Magunta Layout Nellore is presented in the table alongside.

Use of Canara Bank MICR code for Magunta Layout Nellore branch in nellore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Magunta Layout Nellore 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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