Karnataka State Cooperative Bank Bengaluru Bengaluru Karnataka MICR CODE

Find MICR Codes for Karnataka State Cooperative Bank Bengaluru Bengaluru Karnataka

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MICR Code
Bank Karnataka State Co-Op Apex Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Annapoorneshwari Nagar
Contact
Bank Details Karnataka State Co-Op Apex Bank Ltd Annapoorneshwari Nagar KSCB0001057
Location Bengaluru, Bengaluru
City Bengaluru
District Bengaluru
State Karnataka
Pincode 560091
Country IN
Address No 58, karnataka state government d group employees hbcs, srigandada kaval, yeshavanthapura hobli, bengaluru north taluk, bengaluru 560091
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 Annapoorneshwari Nagar 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 State Coop Bank, Annapoorneshwari Nagar branch makes the system almost error free and faster. Use of Karnataka State Coop Bank MICR codes for Annapoorneshwari Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Karnataka State Cooperative Bank Annapoorneshwari Nagar

Karnataka State Cooperative Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Karnataka State Coop Bank MICR code for Annapoorneshwari Nagar 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 Apex Bank for Annapoorneshwari Nagar branch. MICR code for Annapoorneshwari Nagar 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 State Coop Bank Annapoorneshwari Nagar is presented in the table alongside.

Use of Karnataka State Coop Bank MICR code for Annapoorneshwari Nagar branch in bengaluru

The MICR code 0 is used in RBI cheque clearing process to identify the branch Annapoorneshwari Nagar and Karnataka State Coop 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 Apex Bank is typically in either of these two font’s: E-138 and CMC-7.

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