Karnataka Bank Dakshina Kannada Mangaluru Karnataka MICR CODE

Find MICR Codes for Karnataka Bank Dakshina Kannada Mangaluru Karnataka

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MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Moodabidrimahaveera College
Contact 0
Bank Details Karnataka Bank Ltd Moodabidrimahaveera College KARB0000834
Location Dakshina Kannada, Mangaluru
City Dakshina Kannada
District Mangaluru
State Karnataka
Pincode 574197
Country IN
Address Ground floor, sri mahaveera college, jyothi nagara, venur road, kodangallu - 574197, moodabidri taluk, d k district, karnataka state
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 Moodabidrimahaveera College 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, Moodabidrimahaveera College branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Moodabidrimahaveera College branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Karnataka Bank Ltd are available with micr code -

>>Kadaba >>Kukkedi >>Mangaluru Krishnapura >>Mangalurucurrency Chest >>Mangaluruyeyyadi >>Moodabidrimahaveera College >>Pilimogaru >>Someshwara Uchila

MICR code for Karnataka Bank Moodabidrimahaveera College

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 Moodabidrimahaveera College 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 Moodabidrimahaveera College branch. MICR code for Moodabidrimahaveera College 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 Moodabidrimahaveera College is presented in the table alongside.

Use of Karnataka Bank MICR code for Moodabidrimahaveera College branch in dakshina kannada

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