Canara Bank Nellore Nellore Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Nellore Nellore Andhra Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ramatheertham
Contact 0
Bank Details Canara Bank Ramatheertham CNRB0013555
Location Nellore, Nellore
City Nellore
District Nellore
State Andhra Pradesh
Pincode 524318
Country IN
Address House of vakati suresh main road via vidavalur ramatheertham nellore andhra pradesh 524318
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 524015046 for Ramatheertham 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 524015046 of Canara Bank, Ramatheertham branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Ramatheertham branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Ramatheertham

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 Ramatheertham 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. 524015046 is the MICR code of Canara Bank for Ramatheertham branch. MICR code for Ramatheertham 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 Ramatheertham is presented in the table alongside.

Use of Canara Bank MICR code for Ramatheertham branch in nellore

The MICR code 524015046 is used in RBI cheque clearing process to identify the branch Ramatheertham 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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