Canara Bank Anantapur Anantpur Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Anantapur Anantpur Andhra Pradesh

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State
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City
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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	New Town Branch Anantpur
Contact	08554-846383
Bank Details	Canara Bank New Town Branch Anantpur CNRB0002994

Location	Anantapur, Anantpur
City	Anantapur
District	Anantpur
State	Andhra Pradesh
Pincode	515004
Country	IN
Address	Neelma theatre complex , new town, anantapur (a p) - 515004

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 New Town Branch Anantpur 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, New Town Branch Anantpur branch makes the system almost error free and faster. Use of Canara Bank MICR codes for New Town Branch Anantpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Canara Bank are available with micr code -

>>Anantapur >>New Town Branch Anantpur

MICR code for Canara Bank New Town Branch Anantpur

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 New Town Branch Anantpur 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 New Town Branch Anantpur branch. MICR code for New Town Branch Anantpur 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 New Town Branch Anantpur is presented in the table alongside.

Use of Canara Bank MICR code for New Town Branch Anantpur branch in anantapur

The MICR code 0 is used in RBI cheque clearing process to identify the branch New Town Branch Anantpur 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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