Karnataka Bank Navi Mumbai Karanjade Raigad Maharashtra MICR CODE

Find MICR Codes for Karnataka Bank Navi Mumbai Karanjade Raigad Maharashtra

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MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Navi Mumbai Karanjade
Contact 0
Bank Details Karnataka Bank Ltd Navi Mumbai Karanjade KARB0000638
Location Navi Mumbai Karanjade, Raigad
City Navi Mumbai Karanjade
District Raigad
State Maharashtra
Pincode 410206
Country IN
Address Plot no.47 & 48,shop no.3,4&5,sector 3,navi mumbai-karanjade-410206,panvel 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 400052033 for Navi Mumbai Karanjade 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 400052033 of Karnataka Bank, Navi Mumbai Karanjade branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Navi Mumbai Karanjade 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 -

>>Navi Mumbai Karanjade

MICR code for Karnataka Bank Navi Mumbai Karanjade

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 Navi Mumbai Karanjade 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. 400052033 is the MICR code of Karnataka Bank for Navi Mumbai Karanjade branch. MICR code for Navi Mumbai Karanjade 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 Navi Mumbai Karanjade is presented in the table alongside.

Use of Karnataka Bank MICR code for Navi Mumbai Karanjade branch in navi mumbai karanjade

The MICR code 400052033 is used in RBI cheque clearing process to identify the branch Navi Mumbai Karanjade 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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