Canara Bank Kurnool Nandyal Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Kurnool Nandyal Andhra Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nandyal Tekke
Contact 0
Bank Details Canara Bank Nandyal Tekke CNRB0013399
Location Kurnool, Nandyal
City Kurnool
District Nandyal
State Andhra Pradesh
Pincode 518502
Country IN
Address Door no 29 by 196 tekke nandyal 518502 kurnool dist
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 518015018 for Nandyal Tekke 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 518015018 of Canara Bank, Nandyal Tekke branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Nandyal Tekke branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Canara Bank are available with micr code -

>>Nandyal Main Ii >>Nandyal R S Road >>Nandyal Tekke

MICR code for Canara Bank Nandyal Tekke

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 Nandyal Tekke 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. 518015018 is the MICR code of Canara Bank for Nandyal Tekke branch. MICR code for Nandyal Tekke 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 Nandyal Tekke is presented in the table alongside.

Use of Canara Bank MICR code for Nandyal Tekke branch in kurnool

The MICR code 518015018 is used in RBI cheque clearing process to identify the branch Nandyal Tekke 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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