Canara Bank Secunderabad Cantonment Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Secunderabad Cantonment Hyderabad Urban Andhra Pradesh

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MICR Code	500015018
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Secunderabad Marredpally
Contact	040 - 27801117
Bank Details	Canara Bank Secunderabad Marredpally CNRB0000624

Location	Secunderabad Cantonment, Hyderabad Urban
City	Secunderabad Cantonment
District	Hyderabad Urban
State	Andhra Pradesh
Pincode	500027
Country	IN
Address	P.b.no.1,10-1-5/12a,, entrechment rd,marredpallyeast, secunderabad 500 027

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 500015018 for Secunderabad Marredpally 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 500015018 of Canara Bank, Secunderabad Marredpally branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Secunderabad Marredpally branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Canara Bank are available with micr code -

>>Cantonment Secunderabad >>Ind Fin Branch Secunderabad >>M G Road Secunderabad >>R P Road Secunderabad >>Secunderabad Marredpally >>Secunderabad Mettuguda >>Secunderabad Sainikpuri >>Secunderabad Sarojinidevi Road

MICR code for Canara Bank Secunderabad Marredpally

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 Marredpally 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. 500015018 is the MICR code of Canara Bank for Secunderabad Marredpally branch. MICR code for Secunderabad Marredpally 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 Marredpally is presented in the table alongside.

Use of Canara Bank MICR code for Secunderabad Marredpally branch in secunderabad cantonment

The MICR code 500015018 is used in RBI cheque clearing process to identify the branch Secunderabad Marredpally 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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