Karnataka Bank Dharwad Hubballi Karnataka MICR CODE

Find MICR Codes for Karnataka Bank Dharwad Hubballi Karnataka

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MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hubballi Bhavani Nagar
Contact 0
Bank Details Karnataka Bank Ltd Hubballi Bhavani Nagar KARB0000349
Location Dharwad, Hubballi
City Dharwad
District Hubballi
State Karnataka
Pincode 580023
Country IN
Address Ground floor, kalburgi elite sai garden, chinmaya school road, bhavani nagar, hubballi 580023
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 580052009 for Hubballi Bhavani Nagar 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 580052009 of Karnataka Bank, Hubballi Bhavani Nagar branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Hubballi Bhavani Nagar 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 -

>>Hubballi Bhavani Nagar >>Hubballinaveen Park

MICR code for Karnataka Bank Hubballi Bhavani Nagar

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 Hubballi Bhavani Nagar 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. 580052009 is the MICR code of Karnataka Bank for Hubballi Bhavani Nagar branch. MICR code for Hubballi Bhavani Nagar 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 Hubballi Bhavani Nagar is presented in the table alongside.

Use of Karnataka Bank MICR code for Hubballi Bhavani Nagar branch in dharwad

The MICR code 580052009 is used in RBI cheque clearing process to identify the branch Hubballi Bhavani Nagar 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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