Karnataka Bank Thane Thane Maharashtra MICR CODE

Find MICR Codes for Karnataka Bank Thane Thane Maharashtra

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MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Thakurlieast
Contact 8291860746
Bank Details Karnataka Bank Ltd Thakurlieast KARB0000785
Location Thane, Thane
City Thane
District Thane
State Maharashtra
Pincode 421201
Country IN
Address Ground floor, shop no.1 to 5, d wing, shree mangalmurthi complex,opp. New 80ft road, balajinagar, thakurli east-421201
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 400052031 for Thakurlieast 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 400052031 of Karnataka Bank, Thakurlieast branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Thakurlieast branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Karnataka Bank Ltd are available with micr code -

>>Thakurlieast >>Thaneghodbunder Road

MICR code for Karnataka Bank Thakurlieast

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 Thakurlieast 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. 400052031 is the MICR code of Karnataka Bank for Thakurlieast branch. MICR code for Thakurlieast 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 Thakurlieast is presented in the table alongside.

Use of Karnataka Bank MICR code for Thakurlieast branch in thane

The MICR code 400052031 is used in RBI cheque clearing process to identify the branch Thakurlieast 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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