Karnataka Bank Kotturu Bellary Karnataka MICR CODE

Find MICR Codes for Karnataka Bank Kotturu Bellary Karnataka

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MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kottur
Contact 9448954592
Bank Details Karnataka Bank Ltd Kottur KARB0000396
Location Kotturu, Bellary
City Kotturu
District Bellary
State Karnataka
Pincode 583134
Country IN
Address Ground floor d no 1714 1715 harapanahalli kudligi road kottur 583134 kudligi taluk
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 Kottur 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, Kottur branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Kottur 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 -

>>Kottur

MICR code for Karnataka Bank Kottur

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

Use of Karnataka Bank MICR code for Kottur branch in kotturu

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