Karnataka Bank Hyderabad Rangareddy Telangana MICR CODE

Find MICR Codes for Karnataka Bank Hyderabad Rangareddy Telangana

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MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hyderabadb N Reddy Nagar
Contact 0
Bank Details Karnataka Bank Ltd Hyderabadb N Reddy Nagar KARB0000978
Location Hyderabad, Rangareddy
City Hyderabad
District Rangareddy
State Telangana
Pincode 500070
Country IN
Address D.no.5-7-295, b n reddy nagar, sahebnagar khalan, hayathnagar taluk, hyderabad-500070
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 500052016 for Hyderabadb N Reddy 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 500052016 of Karnataka Bank, Hyderabadb N Reddy Nagar branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Hyderabadb N Reddy 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 -

>>Hyderabadb N Reddy Nagar >>Hyderabadhafeezpet

MICR code for Karnataka Bank Hyderabadb N Reddy 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 Hyderabadb N Reddy 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. 500052016 is the MICR code of Karnataka Bank for Hyderabadb N Reddy Nagar branch. MICR code for Hyderabadb N Reddy 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 Hyderabadb N Reddy Nagar is presented in the table alongside.

Use of Karnataka Bank MICR code for Hyderabadb N Reddy Nagar branch in hyderabad

The MICR code 500052016 is used in RBI cheque clearing process to identify the branch Hyderabadb N Reddy 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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