Karnataka Bank Udupi Udupi Karnataka MICR CODE

Find MICR Codes for Karnataka Bank Udupi Udupi Karnataka

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MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Car Street Udupi
Contact
Bank Details Karnataka Bank Ltd Car Street Udupi KARB0000802
Location Udupi, Udupi
City Udupi
District Udupi
State Karnataka
Pincode 576101
Country IN
Address 1st floor,bhimanakatte bldg,car street,udupi 576101
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 0 for Car Street Udupi 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 0 of Karnataka Bank, Car Street Udupi branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Car Street Udupi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Karnataka Bank Ltd are available with micr code -

>>Adi Udupi Karnataka >>Ambagilu Udupi >>Byndoor >>Car Street Udupi >>Kannarpady Kadekar >>Karje Gp >>Kunjibettu Udupi >>Manipal >>Mulladka >>Udupichitpady

MICR code for Karnataka Bank Car Street Udupi

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 Car Street Udupi 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. 0 is the MICR code of Karnataka Bank for Car Street Udupi branch. MICR code for Car Street Udupi 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 Car Street Udupi is presented in the table alongside.

Use of Karnataka Bank MICR code for Car Street Udupi branch in udupi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Car Street Udupi 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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