Canara Bank Krishna Vijayawada Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Krishna Vijayawada Andhra Pradesh

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MICR Code	520015022
Bank	Canara Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Vijayawada Labbipet
Contact	0
Bank Details	Canara Bank Vijayawada Labbipet CNRB0013343

Location	Krishna, Vijayawada
City	Krishna
District	Vijayawada
State	Andhra Pradesh
Pincode	520010
Country	IN
Address	D no 40 3 2 p b no 716 m g road labbipet ap 520 010

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 520015022 for Vijayawada Labbipet 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 520015022 of Canara Bank, Vijayawada Labbipet branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Vijayawada Labbipet branch, makes the characters readable even if there are other marks and stamps on it.

A total of 14 branches of Canara Bank are available with micr code -

>>Accounts Section Vijayawada Ii >>Chinnaoutpalli Ps Inst Med Sci >>Chodavaram >>Currency Chest >>Large Corporate Branch Vijayawada >>Retail Assets Hub Vijayawada Ii >>Specialised Mid Corporate Branch Vijayawada Benz Circle >>Vijayawada Buckinghampet >>Vijayawada Gandhinagar Ii >>Vijayawada Kanuru Vrs Engg Col >>Vijayawada Labbipet >>Vijayawada Main Road Main >>Vijayawada Siddartha Med College >>Vijayawada Siddhartha Nagar

MICR code for Canara Bank Vijayawada Labbipet

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 Labbipet 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. 520015022 is the MICR code of Canara Bank for Vijayawada Labbipet branch. MICR code for Vijayawada Labbipet 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 Labbipet is presented in the table alongside.

Use of Canara Bank MICR code for Vijayawada Labbipet branch in krishna

The MICR code 520015022 is used in RBI cheque clearing process to identify the branch Vijayawada Labbipet 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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