Canara Bank Vishakhapatnam Visakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Vishakhapatnam Visakhapatnam Andhra Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vishakapatnam Naiduthota
Contact 0
Bank Details Canara Bank Vishakapatnam Naiduthota CNRB0013592
Location Vishakhapatnam, Visakhapatnam
City Vishakhapatnam
District Visakhapatnam
State Andhra Pradesh
Pincode 530003
Country IN
Address D no 8 2 main road naiduthota visakhapatnam andhra pradesh 530003
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 530015039 for Vishakapatnam Naiduthota 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 530015039 of Canara Bank, Vishakapatnam Naiduthota branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Vishakapatnam Naiduthota branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Canara Bank Vishakapatnam Naiduthota

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 Vishakapatnam Naiduthota 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. 530015039 is the MICR code of Canara Bank for Vishakapatnam Naiduthota branch. MICR code for Vishakapatnam Naiduthota 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 Vishakapatnam Naiduthota is presented in the table alongside.

Use of Canara Bank MICR code for Vishakapatnam Naiduthota branch in vishakhapatnam

The MICR code 530015039 is used in RBI cheque clearing process to identify the branch Vishakapatnam Naiduthota 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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