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 Chandra Layout
Contact 22976688
Bank Details Karnataka State Co-Op Apex Bank Ltd Chandra Layout KSCB0001036
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560040
Country IN
Address No 32,8th cross,chandra layout,bangalore 560040
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 560226029 for Chandra Layout 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 560226029 of Karnataka State Coop Bank, Chandra Layout branch makes the system almost error free and faster. Use of Karnataka State Coop Bank MICR codes for Chandra Layout branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Karnataka State Cooperative Bank Chandra Layout

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 Chandra Layout 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. 560226029 is the MICR code of Karnataka Apex Bank for Chandra Layout branch. MICR code for Chandra Layout 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 Chandra Layout is presented in the table alongside.

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

The MICR code 560226029 is used in RBI cheque clearing process to identify the branch Chandra Layout 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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