Karnataka Bank Karwar Uttara Kannada Karnataka MICR CODE

Find MICR Codes for Karnataka Bank Karwar Uttara Kannada Karnataka

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MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Karwar Main
Contact
Bank Details Karnataka Bank Ltd Karwar Main KARB0000419
Location Karwar, Uttara Kannada
City Karwar
District Uttara Kannada
State Karnataka
Pincode 581301
Country IN
Address Uskv complex,kaikini road,pb 36,karwar 581301,uk dist,karnataka
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 Karwar Main 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, Karwar Main branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Karwar Main 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 -

>>Karwar Main

MICR code for Karnataka Bank Karwar Main

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 Karwar Main 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 Karwar Main branch. MICR code for Karwar Main 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 Karwar Main is presented in the table alongside.

Use of Karnataka Bank MICR code for Karwar Main branch in karwar

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