Karnataka Bank Tiptur Tumkur Karnataka MICR CODE

Find MICR Codes for Karnataka Bank Tiptur Tumkur Karnataka

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MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Tiptur Extension Counter
Contact
Bank Details Karnataka Bank Ltd Tiptur Extension Counter KARB0000767
Location Tiptur, Tumkur
City Tiptur
District Tumkur
State Karnataka
Pincode 572201
Country IN
Address Kr extension, tiptur 572201 tumkur dist
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 Tiptur Extension Counter 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, Tiptur Extension Counter branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Tiptur Extension Counter 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 -

>>Tiptur Extension Counter >>Tiptur Main

MICR code for Karnataka Bank Tiptur Extension Counter

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 Tiptur Extension Counter 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 Tiptur Extension Counter branch. MICR code for Tiptur Extension Counter 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 Tiptur Extension Counter is presented in the table alongside.

Use of Karnataka Bank MICR code for Tiptur Extension Counter branch in tiptur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Tiptur Extension Counter 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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