Karnataka State Cooperative Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Karnataka State Cooperative Bank Bangalore Bangalore Urban 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 Banashankari
Contact 22976663
Bank Details Karnataka State Co-Op Apex Bank Ltd Banashankari KSCB0001009
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560050
Country IN
Address No 108/13,50 feet road,srinagar,2nd block,bsk 1st stage,bangalore 560050
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 560226004 for Banashankari 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 560226004 of Karnataka State Coop Bank, Banashankari branch makes the system almost error free and faster. Use of Karnataka State Coop Bank MICR codes for Banashankari branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Karnataka State Cooperative Bank Banashankari

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 Banashankari 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. 560226004 is the MICR code of Karnataka Apex Bank for Banashankari branch. MICR code for Banashankari 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 Banashankari is presented in the table alongside.

Use of Karnataka State Coop Bank MICR code for Banashankari branch in bangalore

The MICR code 560226004 is used in RBI cheque clearing process to identify the branch Banashankari 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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