Canara Bank Kakinada East Godavari Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Kakinada East Godavari Andhra Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sme Kakinada
Contact Cb4487@canarabank.Com
Bank Details Canara Bank Sme Kakinada CNRB0004487
Location Kakinada, East Godavari
City Kakinada
District East Godavari
State Andhra Pradesh
Pincode 533003
Country IN
Address Ground floor 27 - 9 – 7 sri lakshmi towers pulavarthivari street main road kakinada - 533 003
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 Sme Kakinada 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, Sme Kakinada branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Sme Kakinada branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Canara Bank are available with micr code -

>>Gandhinagar Kakinada >>Jegurupadu >>Kakinada >>Nagamallithota Kakinada >>Retail Assets Hub Kakinada >>Sme Kakinada

MICR code for Canara Bank Sme Kakinada

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 Sme Kakinada 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 Sme Kakinada branch. MICR code for Sme Kakinada 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 Sme Kakinada is presented in the table alongside.

Use of Canara Bank MICR code for Sme Kakinada branch in kakinada

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