Canara Bank Nellore Sps Nellore Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Nellore Sps Nellore Andhra Pradesh

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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	Nellore Currency Chest
Contact	861-2327256
Bank Details	Canara Bank Nellore Currency Chest CNRB0012840

Location	Nellore, Sps Nellore
City	Nellore
District	Sps Nellore
State	Andhra Pradesh
Pincode	524001
Country	IN
Address	Ritwik enclave r k nagar nellore sps nellore dist andhra pradesh 524001

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 Nellore Currency Chest 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, Nellore Currency Chest branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Nellore Currency Chest 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 -

>>Nellore Currency Chest

MICR code for Canara Bank Nellore Currency Chest

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 Nellore Currency Chest 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 Nellore Currency Chest branch. MICR code for Nellore Currency Chest 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 Nellore Currency Chest is presented in the table alongside.

Use of Canara Bank MICR code for Nellore Currency Chest branch in nellore

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