Karnataka Bank Hyderabad Hyderabad Urban Andhra Pradesh MICR CODE

Find MICR Codes for Karnataka Bank Hyderabad Hyderabad Urban Andhra Pradesh

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MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Banjara Hills Hyderabad
Contact
Bank Details Karnataka Bank Ltd Banjara Hills Hyderabad KARB0000329
Location Hyderabad, Hyderabad Urban
City Hyderabad
District Hyderabad Urban
State Andhra Pradesh
Pincode 500073
Country IN
Address Plot no50,srinagar colony,banjara hills,hyderabad 500073
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 500052004 for Banjara Hills Hyderabad 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 500052004 of Karnataka Bank, Banjara Hills Hyderabad branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Banjara Hills Hyderabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Karnataka Bank Ltd are available with micr code -

>>A S Rao Nagar Hyderabad >>Banjara Hills Hyderabad >>Dilsukhnagar Hyderabad >>Hyderabad Main Nampally >>Kukatpally >>Rajbhavan Road Hydrebad >>Uma Nagar Hydrebad

MICR code for Karnataka Bank Banjara Hills Hyderabad

Karnataka Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Karnataka Bank MICR code for Banjara Hills Hyderabad 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. 500052004 is the MICR code of Karnataka Bank for Banjara Hills Hyderabad branch. MICR code for Banjara Hills Hyderabad 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 Karnataka Bank Banjara Hills Hyderabad is presented in the table alongside.

Use of Karnataka Bank MICR code for Banjara Hills Hyderabad branch in hyderabad

The MICR code 500052004 is used in RBI cheque clearing process to identify the branch Banjara Hills Hyderabad and Karnataka 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 Karnataka Bank is typically in either of these two font’s: E-138 and CMC-7.

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