Karnataka Bank Virar Virar Maharashtra MICR CODE

Find MICR Codes for Karnataka Bank Virar Virar Maharashtra

↻ Reload
MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Virarwest
Contact 0
Bank Details Karnataka Bank Ltd Virarwest KARB0000870
Location Virar, Virar
City Virar
District Virar
State Maharashtra
Pincode 401303
Country IN
Address Shop no 26,27 and 28, blu pearl, sector k2, chikhal dongare road, global city, virar west-401303 vasai taluk palghar district, maharashtra
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 Virarwest 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, Virarwest branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Virarwest 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 -

>>Virarwest

MICR code for Karnataka Bank Virarwest

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

Use of Karnataka Bank MICR code for Virarwest branch in virar

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

Copied!