Karnataka Bank Hanamkonda District Hanamkonda Telangana MICR CODE

Find MICR Codes for Karnataka Bank Hanamkonda District Hanamkonda Telangana

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MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hanamkonda
Contact 0
Bank Details Karnataka Bank Ltd Hanamkonda KARB0000869
Location Hanamkonda District, Hanamkonda
City Hanamkonda District
District Hanamkonda
State Telangana
Pincode 506001
Country IN
Address No 2-7-966 ground floor, kanakadurga colony, pranay marg, waddepally, road no 1, hanamkonda-506001, hanamkonda taluk and district, telangana state
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 Hanamkonda 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, Hanamkonda branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Hanamkonda 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 -

>>Hanamkonda

MICR code for Karnataka Bank Hanamkonda

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

Use of Karnataka Bank MICR code for Hanamkonda branch in hanamkonda district

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