Karnataka Bank Dharwad District Ramanakoppa Karnataka MICR CODE

Find MICR Codes for Karnataka Bank Dharwad District Ramanakoppa Karnataka

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MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ramanakoppa
Contact 0
Bank Details Karnataka Bank Ltd Ramanakoppa KARB0000877
Location Dharwad District, Ramanakoppa
City Dharwad District
District Ramanakoppa
State Karnataka
Pincode 580024
Country IN
Address No.57/22,vpc no.283 first floor, hosakatti-yaliwal road, ramanakoppa village and gp - 580 024, kundgol taluk, dharwad district, karnataka state
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 Ramanakoppa 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, Ramanakoppa branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Ramanakoppa 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 -

>>Ramanakoppa

MICR code for Karnataka Bank Ramanakoppa

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 Ramanakoppa 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 Ramanakoppa branch. MICR code for Ramanakoppa 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 Ramanakoppa is presented in the table alongside.

Use of Karnataka Bank MICR code for Ramanakoppa branch in dharwad district

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ramanakoppa 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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