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 Padmanabha Nagar
Contact 22976681
Bank Details Karnataka State Co-Op Apex Bank Ltd Padmanabha Nagar KSCB0001029
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560070
Country IN
Address Cooperative training college premises,padmanabha nagar,bangalore 560070
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 560226022 for Padmanabha 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 560226022 of Karnataka State Coop Bank, Padmanabha Nagar branch makes the system almost error free and faster. Use of Karnataka State Coop Bank MICR codes for Padmanabha Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Karnataka State Cooperative Bank Padmanabha 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 Padmanabha 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. 560226022 is the MICR code of Karnataka Apex Bank for Padmanabha Nagar branch. MICR code for Padmanabha 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 Padmanabha Nagar is presented in the table alongside.

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

The MICR code 560226022 is used in RBI cheque clearing process to identify the branch Padmanabha 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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