Canara Bank Singarayakonda Prakasam Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Singarayakonda Prakasam Andhra Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Singarayakonda
Contact 8500532124
Bank Details Canara Bank Singarayakonda CNRB0005733
Location Singarayakonda, Prakasam
City Singarayakonda
District Prakasam
State Andhra Pradesh
Pincode 523101
Country IN
Address Canara bank main trunk road beside pdcc bank lt opp new post off bldg prakasam dist singarayakonda andhra pradesh 523101
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 0 for Singarayakonda 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 0 of Canara Bank, Singarayakonda branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Singarayakonda 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 -

>>Singarayakonda

MICR code for Canara Bank Singarayakonda

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 Singarayakonda 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. 0 is the MICR code of Canara Bank for Singarayakonda branch. MICR code for Singarayakonda 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 Singarayakonda is presented in the table alongside.

Use of Canara Bank MICR code for Singarayakonda branch in singarayakonda

The MICR code 0 is used in RBI cheque clearing process to identify the branch Singarayakonda 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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