Canara Bank Cuddapah Simhadripuram Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Cuddapah Simhadripuram Andhra Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Simhadripuram
Contact 0
Bank Details Canara Bank Simhadripuram CNRB0013196
Location Cuddapah, Simhadripuram
City Cuddapah
District Simhadripuram
State Andhra Pradesh
Pincode 516454
Country IN
Address Z p high school roadsimhadripurampin 516 454
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 516015032 for Simhadripuram 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 516015032 of Canara Bank, Simhadripuram branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Simhadripuram 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 -

>>Simhadripuram

MICR code for Canara Bank Simhadripuram

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 Simhadripuram 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. 516015032 is the MICR code of Canara Bank for Simhadripuram branch. MICR code for Simhadripuram 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 Simhadripuram is presented in the table alongside.

Use of Canara Bank MICR code for Simhadripuram branch in cuddapah

The MICR code 516015032 is used in RBI cheque clearing process to identify the branch Simhadripuram 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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