Karnataka Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Karnataka Bank Chennai Chennai Tamil Nadu

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MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chennai Nanganallur
Contact (mob) 9952829942
Bank Details Karnataka Bank Ltd Chennai Nanganallur KARB0000170
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 600001
Country IN
Address New no. 3-a (old no. 26/3), 2nd main road, nanganallur, chennai - 600001
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 600052022 for Chennai Nanganallur 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 600052022 of Karnataka Bank, Chennai Nanganallur branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Chennai Nanganallur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Karnataka Bank Chennai Nanganallur

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 Chennai Nanganallur 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. 600052022 is the MICR code of Karnataka Bank for Chennai Nanganallur branch. MICR code for Chennai Nanganallur 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 Chennai Nanganallur is presented in the table alongside.

Use of Karnataka Bank MICR code for Chennai Nanganallur branch in chennai

The MICR code 600052022 is used in RBI cheque clearing process to identify the branch Chennai Nanganallur 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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