Canara Bank Prakasam Zarugumalli Andhra Pradesh MICR CODE

Find MICR Codes for Canara Bank Prakasam Zarugumalli Andhra Pradesh

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MICR Code
Bank Canara Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Zarugumalli
Contact 0
Bank Details Canara Bank Zarugumalli CNRB0013691
Location Prakasam, Zarugumalli
City Prakasam
District Zarugumalli
State Andhra Pradesh
Pincode 523276
Country IN
Address Syndicate bank zarugumalli 523 276 zarugumalli mandal prakasm dist andhra pradesh
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 523015047 for Zarugumalli 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 523015047 of Canara Bank, Zarugumalli branch makes the system almost error free and faster. Use of Canara Bank MICR codes for Zarugumalli 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 -

>>Zarugumalli

MICR code for Canara Bank Zarugumalli

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 Zarugumalli 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. 523015047 is the MICR code of Canara Bank for Zarugumalli branch. MICR code for Zarugumalli 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 Zarugumalli is presented in the table alongside.

Use of Canara Bank MICR code for Zarugumalli branch in prakasam

The MICR code 523015047 is used in RBI cheque clearing process to identify the branch Zarugumalli 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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