Karnataka Bank Naganathapura Bangalore Karnataka MICR CODE

Find MICR Codes for Karnataka Bank Naganathapura Bangalore Karnataka

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MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Naganathapaura
Contact
Bank Details Karnataka Bank Ltd Naganathapaura KARB0000559
Location Naganathapura, Bangalore
City Naganathapura
District Bangalore
State Karnataka
Pincode 560100
Country IN
Address No.87, mico main road, vinayaka nagar, opp: rto, naganathapura, bangalore-560100
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 560052059 for Naganathapaura 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 560052059 of Karnataka Bank, Naganathapaura branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Naganathapaura 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 -

>>Naganathapaura

MICR code for Karnataka Bank Naganathapaura

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 Naganathapaura 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. 560052059 is the MICR code of Karnataka Bank for Naganathapaura branch. MICR code for Naganathapaura 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 Naganathapaura is presented in the table alongside.

Use of Karnataka Bank MICR code for Naganathapaura branch in naganathapura

The MICR code 560052059 is used in RBI cheque clearing process to identify the branch Naganathapaura 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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