Karnataka Bank Noida Noida Uttar Pradesh MICR CODE

Find MICR Codes for Karnataka Bank Noida Noida Uttar Pradesh

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MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Noidasector Fifty One
Contact 0
Bank Details Karnataka Bank Ltd Noidasector Fifty One KARB0000626
Location Noida, Noida
City Noida
District Noida
State Uttar Pradesh
Pincode 201301
Country IN
Address B1 a/16, b-block market, sector-51, noida-201301
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 Noidasector Fifty One 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, Noidasector Fifty One branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Noidasector Fifty One 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 -

>>Noidasector Fifty One

MICR code for Karnataka Bank Noidasector Fifty One

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 Noidasector Fifty One 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 Noidasector Fifty One branch. MICR code for Noidasector Fifty One 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 Noidasector Fifty One is presented in the table alongside.

Use of Karnataka Bank MICR code for Noidasector Fifty One branch in noida

The MICR code 0 is used in RBI cheque clearing process to identify the branch Noidasector Fifty One 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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