Canara Bank Nizamabad Rudrur Telangana MICR CODE

Find MICR Codes for Canara Bank Nizamabad Rudrur Telangana

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MICR Code	503015009
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Rudrur
Contact	0
Bank Details	Canara Bank Rudrur CNRB0013517

Location	Nizamabad, Rudrur
City	Nizamabad
District	Rudrur
State	Telangana
Pincode	503188
Country	IN
Address	D no 4 by 49 main road rudrur varni mandal bodhan taluk nizamabad 503 188

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 503015009 for Rudrur 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 503015009 of Canara Bank, Rudrur branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Rudrur 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 -

>>Rudrur

MICR code for Canara Bank Rudrur

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 Rudrur 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. 503015009 is the MICR code of Canara Bank for Rudrur branch. MICR code for Rudrur 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 Rudrur is presented in the table alongside.

Use of Canara Bank MICR code for Rudrur branch in nizamabad

The MICR code 503015009 is used in RBI cheque clearing process to identify the branch Rudrur 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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