Karnataka Bank Visakapatnam Vishakapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Karnataka Bank Visakapatnam Vishakapatnam Andhra Pradesh

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MICR Code	530052001
Bank	Karnataka Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Vishakapatnam Main Ap
Contact
Bank Details	Karnataka Bank Ltd Vishakapatnam Main Ap KARB0000792

Location	Visakapatnam, Vishakapatnam
City	Visakapatnam
District	Vishakapatnam
State	Andhra Pradesh
Pincode	530027
Country	IN
Address	9 1 221 by a, cbm compound, near rama talkies juction, maddilapalem road

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 530052001 for Vishakapatnam Main Ap 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 530052001 of Karnataka Bank, Vishakapatnam Main Ap branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Vishakapatnam Main Ap 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 -

>>Cbm Compound Vishakapatnam >>Vishakapatnam Main Ap

MICR code for Karnataka Bank Vishakapatnam Main Ap

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 Vishakapatnam Main Ap 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. 530052001 is the MICR code of Karnataka Bank for Vishakapatnam Main Ap branch. MICR code for Vishakapatnam Main Ap 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 Vishakapatnam Main Ap is presented in the table alongside.

Use of Karnataka Bank MICR code for Vishakapatnam Main Ap branch in visakapatnam

The MICR code 530052001 is used in RBI cheque clearing process to identify the branch Vishakapatnam Main Ap 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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