Canara Bank Cuddapah Cuddapah Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Cuddapah Cuddapah Andhra Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mulavanka
Contact 0
Bank Details Canara Bank Mulavanka CNRB0013801
Location Cuddapah, Cuddapah
City Cuddapah
District Cuddapah
State Andhra Pradesh
Pincode 516003
Country IN
Address 102 178 2 mulavanka bugaleti palli bayanapalli post kadapa andhra pradesh 516003
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 516015015 for Mulavanka 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 516015015 of Canara Bank, Mulavanka branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Mulavanka branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Mulavanka

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 Mulavanka 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. 516015015 is the MICR code of Canara Bank for Mulavanka branch. MICR code for Mulavanka 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 Mulavanka is presented in the table alongside.

Use of Canara Bank MICR code for Mulavanka branch in cuddapah

The MICR code 516015015 is used in RBI cheque clearing process to identify the branch Mulavanka 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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