Canara Bank Hyderabad Secunderabad Telangana MICR CODE

Find MICR Codes for Canara Bank Hyderabad Secunderabad Telangana

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Secunderabad Jeera Compound
Contact 0
Bank Details Canara Bank Secunderabad Jeera Compound CNRB0013030
Location Hyderabad, Secunderabad
City Hyderabad
District Secunderabad
State Telangana
Pincode
Country IN
Address No 7 jeera compound secunderabad hyderabad
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 500015108 for Secunderabad Jeera Compound 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 500015108 of Canara Bank, Secunderabad Jeera Compound branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Secunderabad Jeera Compound branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Secunderabad Jeera Compound

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 Secunderabad Jeera Compound 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. 500015108 is the MICR code of Canara Bank for Secunderabad Jeera Compound branch. MICR code for Secunderabad Jeera Compound 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 Secunderabad Jeera Compound is presented in the table alongside.

Use of Canara Bank MICR code for Secunderabad Jeera Compound branch in hyderabad

The MICR code 500015108 is used in RBI cheque clearing process to identify the branch Secunderabad Jeera Compound 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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