Canara Bank Chittoor Chittoor Dist Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Chittoor Chittoor Dist Andhra Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sathyavedu
Contact 0
Bank Details Canara Bank Sathyavedu CNRB0013189
Location Chittoor, Chittoor Dist
City Chittoor
District Chittoor Dist
State Andhra Pradesh
Pincode 517588
Country IN
Address D no 3 348 house of v mastan nethaji road near rtc busstand satyavedu chittoor ap 517588
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 517015039 for Sathyavedu 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 517015039 of Canara Bank, Sathyavedu branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Sathyavedu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Canara Bank are available with micr code -

>>Chittoor Dargah Junction >>Pileru Ii >>Sathyavedu

MICR code for Canara Bank Sathyavedu

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 Sathyavedu 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. 517015039 is the MICR code of Canara Bank for Sathyavedu branch. MICR code for Sathyavedu 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 Sathyavedu is presented in the table alongside.

Use of Canara Bank MICR code for Sathyavedu branch in chittoor

The MICR code 517015039 is used in RBI cheque clearing process to identify the branch Sathyavedu 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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