Karnataka State Cooperative Bank Ballari Hosapete Karnataka MICR CODE

Find MICR Codes for Karnataka State Cooperative Bank Ballari Hosapete 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 The Ballari District Coop Central Bank Ltd Ho Hosapete
Contact 228208
Bank Details Karnataka State Co-Op Apex Bank Ltd The Ballari District Coop Central Bank Ltd Ho Hosapete KSCB0020001
Location Ballari, Hosapete
City Ballari
District Hosapete
State Karnataka
Pincode
Country IN
Address P.b.no.17,station road,head office,hospete
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 The Ballari District Coop Central Bank Ltd Ho Hosapete 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, The Ballari District Coop Central Bank Ltd Ho Hosapete branch makes the system almost error free and faster. Use of Karnataka State Coop Bank MICR codes for The Ballari District Coop Central Bank Ltd Ho Hosapete branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Karnataka State Co-Op Apex Bank Ltd are available with micr code -

>>The Ballari District Coop Central Bank Ltd Ho Hosapete

MICR code for Karnataka State Cooperative Bank The Ballari District Coop Central Bank Ltd Ho Hosapete

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 The Ballari District Coop Central Bank Ltd Ho Hosapete 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 The Ballari District Coop Central Bank Ltd Ho Hosapete branch. MICR code for The Ballari District Coop Central Bank Ltd Ho Hosapete 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 The Ballari District Coop Central Bank Ltd Ho Hosapete is presented in the table alongside.

Use of Karnataka State Coop Bank MICR code for The Ballari District Coop Central Bank Ltd Ho Hosapete branch in ballari

The MICR code 0 is used in RBI cheque clearing process to identify the branch The Ballari District Coop Central Bank Ltd Ho Hosapete 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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