Karnataka Bank Kharagpur West Midnapur West Bengal MICR CODE

Find MICR Codes for Karnataka Bank Kharagpur West Midnapur West Bengal

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MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kharagpur
Contact (mob) 9434205761
Bank Details Karnataka Bank Ltd Kharagpur KARB0000460
Location Kharagpur, West Midnapur
City Kharagpur
District West Midnapur
State West Bengal
Pincode 721301
Country IN
Address Ground floor, no. 127/114, patwari building, malancha road, kharagpur - 721301
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 721052102 for Kharagpur 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 721052102 of Karnataka Bank, Kharagpur branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Kharagpur 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 -

>>Kharagpur

MICR code for Karnataka Bank Kharagpur

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 Kharagpur 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. 721052102 is the MICR code of Karnataka Bank for Kharagpur branch. MICR code for Kharagpur 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 Kharagpur is presented in the table alongside.

Use of Karnataka Bank MICR code for Kharagpur branch in kharagpur

The MICR code 721052102 is used in RBI cheque clearing process to identify the branch Kharagpur 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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