Canara Bank Rangareddy Rangareddy Telangana MICR CODE

Find MICR Codes for Canara Bank Rangareddy Rangareddy Telangana

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Msme Sulabh Rangareddy
Contact 0
Bank Details Canara Bank Msme Sulabh Rangareddy CNRB0007153
Location Rangareddy, Rangareddy
City Rangareddy
District Rangareddy
State Telangana
Pincode 500029
Country IN
Address H no 3 5 168 ground floor opp shanti theatre narayanaguda hyderabad telangana 500029
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 Msme Sulabh Rangareddy 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, Msme Sulabh Rangareddy branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Msme Sulabh Rangareddy branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Canara Bank are available with micr code -

>>Badangipet >>Hyderabad Balapur >>Hyderabad Gachibowli Ii >>Meerpet >>Msme Sulabh Rangareddy >>Munaganoor >>Pragathi Nagar >>Shamirpet

MICR code for Canara Bank Msme Sulabh Rangareddy

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 Msme Sulabh Rangareddy 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 Msme Sulabh Rangareddy branch. MICR code for Msme Sulabh Rangareddy 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 Msme Sulabh Rangareddy is presented in the table alongside.

Use of Canara Bank MICR code for Msme Sulabh Rangareddy branch in rangareddy

The MICR code 0 is used in RBI cheque clearing process to identify the branch Msme Sulabh Rangareddy 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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