Karnataka Bank Chikkaballapura Chikkaballapura Karnataka MICR CODE

Find MICR Codes for Karnataka Bank Chikkaballapura Chikkaballapura Karnataka

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MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Malamachanahalli G.P
Contact 9449498325
Bank Details Karnataka Bank Ltd Malamachanahalli G.P KARB0000636
Location Chikkaballapura, Chikkaballapura
City Chikkaballapura
District Chikkaballapura
State Karnataka
Pincode 562102
Country IN
Address First floor,mpcs building,malamachanahalli village, malamachanahalli g.p.-562102 sidlaghatta 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 562052502 for Malamachanahalli G.P 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 562052502 of Karnataka Bank, Malamachanahalli G.P branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Malamachanahalli G.P 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 -

>>Chikkaballapura >>Malamachanahalli G.P

MICR code for Karnataka Bank Malamachanahalli G.P

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 Malamachanahalli G.P 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. 562052502 is the MICR code of Karnataka Bank for Malamachanahalli G.P branch. MICR code for Malamachanahalli G.P 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 Malamachanahalli G.P is presented in the table alongside.

Use of Karnataka Bank MICR code for Malamachanahalli G.P branch in chikkaballapura

The MICR code 562052502 is used in RBI cheque clearing process to identify the branch Malamachanahalli G.P 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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