Karnataka Bank Mysuru Mysuru Karnataka MICR CODE

Find MICR Codes for Karnataka Bank Mysuru Mysuru Karnataka

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MICR Code	-NA-
Bank	Karnataka Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mysuru Rajiv Nagar
Contact	9480842318
Bank Details	Karnataka Bank Ltd Mysuru Rajiv Nagar KARB0000591

Location	Mysuru, Mysuru
City	Mysuru
District	Mysuru
State	Karnataka
Pincode	570009
Country	IN
Address	Ground floor d no 4, mahadevapura road 1st stage, devanur layout, n r mohalla, rajiv nagar, mysuru, 570009

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 Mysuru Rajiv Nagar 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, Mysuru Rajiv Nagar branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Mysuru Rajiv Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Karnataka Bank Ltd are available with micr code -

>>Armbmysuru >>Bhugathagalli >>Kanakadasanagar >>Mysuru Rajiv Nagar >>Mysurucurrency Chest >>Mysururajendranagar >>Mysururamanuja Road >>Mysuruvijayanagar First Stage >>Sankranti Circle >>Vijayanagar Iv Stage

MICR code for Karnataka Bank Mysuru Rajiv Nagar

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 Mysuru Rajiv Nagar 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 Mysuru Rajiv Nagar branch. MICR code for Mysuru Rajiv Nagar 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 Mysuru Rajiv Nagar is presented in the table alongside.

Use of Karnataka Bank MICR code for Mysuru Rajiv Nagar branch in mysuru

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mysuru Rajiv Nagar 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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