Canara Bank Nellore Nellore Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Nellore Nellore Andhra Pradesh

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MICR Code	524015011
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 Nawabpet
Contact	0
Bank Details	Canara Bank Nellore Nawabpet CNRB0013558

Location	Nellore, Nellore
City	Nellore
District	Nellore
State	Andhra Pradesh
Pincode	524001
Country	IN
Address	Main road nawabpet nellore nellore 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 524015011 for Nellore Nawabpet 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 524015011 of Canara Bank, Nellore Nawabpet branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Nellore Nawabpet branch, makes the characters readable even if there are other marks and stamps on it.

A total of 17 branches of Canara Bank are available with micr code -

>>Aditya Nagar Nellore >>Agricultural Credit Centre Nellore >>Anikepalli Golagamudi >>Buchireddypalem >>Buja Buja Nellore Rural >>Krishnapatnamport Nellore >>Magunta Layout Nellore >>Msme Sulabh Nellore >>Nellore >>Nellore Bhakthavatsala Nagar >>Nellore Brindavanam Main >>Nellore Dargamitta >>Nellore Nawabpet >>Nellore V V Puram E C >>Rah Nellore >>Ramatheertham >>Vinjamur

MICR code for Canara Bank Nellore Nawabpet

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 Nawabpet 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. 524015011 is the MICR code of Canara Bank for Nellore Nawabpet branch. MICR code for Nellore Nawabpet 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 Nawabpet is presented in the table alongside.

Use of Canara Bank MICR code for Nellore Nawabpet branch in nellore

The MICR code 524015011 is used in RBI cheque clearing process to identify the branch Nellore Nawabpet 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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