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 Ngef
Contact 22976634
Bank Details Karnataka State Co-Op Apex Bank Ltd Ngef KSCB0001049
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560043
Country IN
Address No 24,ngef east,kasturinagar,bennigana halli,bangalore 560043
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 560226042 for Ngef 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 560226042 of Karnataka State Coop Bank, Ngef branch makes the system almost error free and faster. Use of Karnataka State Coop Bank MICR codes for Ngef branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Karnataka State Cooperative Bank Ngef

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 Ngef 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. 560226042 is the MICR code of Karnataka Apex Bank for Ngef branch. MICR code for Ngef 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 Ngef is presented in the table alongside.

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

The MICR code 560226042 is used in RBI cheque clearing process to identify the branch Ngef 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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