Karnataka Bank New Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Karnataka Bank New Delhi New Delhi New Delhi

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MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch New Delhi Vikaspuri
Contact
Bank Details Karnataka Bank Ltd New Delhi Vikaspuri KARB0000562
Location New Delhi, New Delhi
City New Delhi
District New Delhi
State New Delhi
Pincode 110018
Country IN
Address Ground floor, f-119,vikaspuri, new delhi -110018
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 110052023 for New Delhi Vikaspuri 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 110052023 of Karnataka Bank, New Delhi Vikaspuri branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for New Delhi Vikaspuri branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Karnataka Bank Ltd are available with micr code -

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MICR code for Karnataka Bank New Delhi Vikaspuri

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 New Delhi Vikaspuri 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. 110052023 is the MICR code of Karnataka Bank for New Delhi Vikaspuri branch. MICR code for New Delhi Vikaspuri 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 New Delhi Vikaspuri is presented in the table alongside.

Use of Karnataka Bank MICR code for New Delhi Vikaspuri branch in new delhi

The MICR code 110052023 is used in RBI cheque clearing process to identify the branch New Delhi Vikaspuri 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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