Karnataka Bank Bengaluru Bengaluru Rural Karnataka MICR CODE

Find MICR Codes for Karnataka Bank Bengaluru Bengaluru Rural Karnataka

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MICR Code	560052501
Bank	Karnataka Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Budihal Gp
Contact	0
Bank Details	Karnataka Bank Ltd Budihal Gp KARB0000953

Location	Bengaluru, Bengaluru Rural
City	Bengaluru
District	Bengaluru Rural
State	Karnataka
Pincode	562123
Country	IN
Address	No 237,budihal gp-562123 nelamanagala taluk

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 560052501 for Budihal Gp 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 560052501 of Karnataka Bank, Budihal Gp branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Budihal Gp branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Karnataka Bank Ltd are available with micr code -

>>Budihal Gp >>Devalapura Devanagundi Gp >>Makanahalli

MICR code for Karnataka Bank Budihal Gp

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 Budihal Gp 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. 560052501 is the MICR code of Karnataka Bank for Budihal Gp branch. MICR code for Budihal Gp 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 Budihal Gp is presented in the table alongside.

Use of Karnataka Bank MICR code for Budihal Gp branch in bengaluru

The MICR code 560052501 is used in RBI cheque clearing process to identify the branch Budihal Gp 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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