Karnataka Bank Channarayapatna Hassan Karnataka MICR CODE

Find MICR Codes for Karnataka Bank Channarayapatna Hassan Karnataka

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MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Channarayapatna
Contact
Bank Details Karnataka Bank Ltd Channarayapatna KARB0000149
Location Channarayapatna, Hassan
City Channarayapatna
District Hassan
State Karnataka
Pincode 573116
Country IN
Address 1st floor,prabath complex,opp ksrtc bustand,bm road,pb132,channarayapatna 573116,karnata
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 Channarayapatna 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, Channarayapatna branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Channarayapatna branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Karnataka Bank Ltd are available with micr code -

>>Channarayapatna

MICR code for Karnataka Bank Channarayapatna

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 Channarayapatna 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 Channarayapatna branch. MICR code for Channarayapatna 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 Channarayapatna is presented in the table alongside.

Use of Karnataka Bank MICR code for Channarayapatna branch in channarayapatna

The MICR code 0 is used in RBI cheque clearing process to identify the branch Channarayapatna 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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