Karnataka Bank Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Karnataka Bank 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 Paschim Vihar Newdelhi
Contact
Bank Details Karnataka Bank Ltd Paschim Vihar Newdelhi KARB0000554
Location Delhi, New Delhi
City Delhi
District New Delhi
State New Delhi
Pincode
Country IN
Address A-4 by 45, paschim vihar,newdelhi
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 110052016 for Paschim Vihar Newdelhi 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 110052016 of Karnataka Bank, Paschim Vihar Newdelhi branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Paschim Vihar Newdelhi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Karnataka Bank Paschim Vihar Newdelhi

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 Paschim Vihar Newdelhi 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. 110052016 is the MICR code of Karnataka Bank for Paschim Vihar Newdelhi branch. MICR code for Paschim Vihar Newdelhi 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 Paschim Vihar Newdelhi is presented in the table alongside.

Use of Karnataka Bank MICR code for Paschim Vihar Newdelhi branch in delhi

The MICR code 110052016 is used in RBI cheque clearing process to identify the branch Paschim Vihar Newdelhi 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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