Canara Bank Vijaywada Vijaywada Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Vijaywada Vijaywada Andhra Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vijayawada Ajith Singh Nagar
Contact 0
Bank Details Canara Bank Vijayawada Ajith Singh Nagar CNRB0013757
Location Vijaywada, Vijaywada
City Vijaywada
District Vijaywada
State Andhra Pradesh
Pincode 520015
Country IN
Address Canara bank 77 16 7 payakapuram ajithsingh nagar vijayawada andhra pradesh 520015
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 520015031 for Vijayawada Ajith Singh Nagar 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 520015031 of Canara Bank, Vijayawada Ajith Singh Nagar branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Vijayawada Ajith Singh Nagar 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 -

>>Vijayawada Ajith Singh Nagar

MICR code for Canara Bank Vijayawada Ajith Singh Nagar

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 Vijayawada Ajith Singh Nagar 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. 520015031 is the MICR code of Canara Bank for Vijayawada Ajith Singh Nagar branch. MICR code for Vijayawada Ajith Singh Nagar 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 Vijayawada Ajith Singh Nagar is presented in the table alongside.

Use of Canara Bank MICR code for Vijayawada Ajith Singh Nagar branch in vijaywada

The MICR code 520015031 is used in RBI cheque clearing process to identify the branch Vijayawada Ajith Singh Nagar 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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