Canara Bank Nagari Chittoor Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Nagari Chittoor Andhra Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nagari
Contact 235566
Bank Details Canara Bank Nagari CNRB0005062
Location Nagari, Chittoor
City Nagari
District Chittoor
State Andhra Pradesh
Pincode 517590
Country IN
Address D no 10 7 38 pnr complex near chavadi nagari chittoor dist andhra pradesh
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 517015582 for Nagari 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 517015582 of Canara Bank, Nagari branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Nagari branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Canara Bank are available with micr code -

>>Nagari

MICR code for Canara Bank Nagari

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 Nagari 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. 517015582 is the MICR code of Canara Bank for Nagari branch. MICR code for Nagari 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 Nagari is presented in the table alongside.

Use of Canara Bank MICR code for Nagari branch in nagari

The MICR code 517015582 is used in RBI cheque clearing process to identify the branch Nagari 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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