Karnataka Bank Madurai Madurai Tamil Nadu MICR CODE

Find MICR Codes for Karnataka Bank Madurai Madurai Tamil Nadu

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MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Madurai Tn
Contact
Bank Details Karnataka Bank Ltd Madurai Tn KARB0000486
Location Madurai, Madurai
City Madurai
District Madurai
State Tamil Nadu
Pincode 625001
Country IN
Address 39 41,town hall road,pb78,madurai 625001
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 625052002 for Madurai Tn 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 625052002 of Karnataka Bank, Madurai Tn branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Madurai Tn 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 -

>>Madurai Tn

MICR code for Karnataka Bank Madurai Tn

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 Madurai Tn 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. 625052002 is the MICR code of Karnataka Bank for Madurai Tn branch. MICR code for Madurai Tn 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 Madurai Tn is presented in the table alongside.

Use of Karnataka Bank MICR code for Madurai Tn branch in madurai

The MICR code 625052002 is used in RBI cheque clearing process to identify the branch Madurai Tn 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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