Karnataka Bank Mudhol Bagalkot Karnataka MICR CODE

Find MICR Codes for Karnataka Bank Mudhol Bagalkot Karnataka

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MICR Code	-NA-
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	Gulgal Jambagi Village
Contact
Bank Details	Karnataka Bank Ltd Gulgal Jambagi Village KARB0000278

Location	Mudhol, Bagalkot
City	Mudhol
District	Bagalkot
State	Karnataka
Pincode	587313
Country	IN
Address	Ground floor, gulgal jambagi village 587313, chinchakhandi kd gp, mudhol 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 0 for Gulgal Jambagi Village 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, Gulgal Jambagi Village branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Gulgal Jambagi Village branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Karnataka Bank Ltd are available with micr code -

>>Gulgal Jambagi Village >>Mudhol

MICR code for Karnataka Bank Gulgal Jambagi Village

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 Gulgal Jambagi Village 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 Gulgal Jambagi Village branch. MICR code for Gulgal Jambagi Village 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 Gulgal Jambagi Village is presented in the table alongside.

Use of Karnataka Bank MICR code for Gulgal Jambagi Village branch in mudhol

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gulgal Jambagi Village 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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