Karnataka Vikas Bank Hadli Gadag Karnataka MICR CODE

Find MICR Codes for Karnataka Vikas Bank Hadli Gadag Karnataka

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MICR Code	582483520
Bank	Karnataka Vikas Grameena Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Hadli
Contact	9480699162
Bank Details	Karnataka Vikas Grameena Bank Hadli KVGB0006202

Location	Hadli, Gadag
City	Hadli
District	Gadag
State	Karnataka
Pincode	582228
Country	IN
Address	Hadli branch panchayat building,hadli - 582 228. Tq. : naragund, dist. : gadag.

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 582483520 for Hadli 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 582483520 of Karnataka Grameena Bank, Hadli branch makes the system almost error free and faster. Use of Karnataka Grameena Bank MICR codes for Hadli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Karnataka Vikas Grameena Bank are available with micr code -

>>Hadli

MICR code for Karnataka Vikas Bank Hadli

Karnataka Vikas Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Karnataka Grameena Bank MICR code for Hadli 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. 582483520 is the MICR code of KVG Bank for Hadli branch. MICR code for Hadli 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 Grameena Bank Hadli is presented in the table alongside.

Use of Karnataka Grameena Bank MICR code for Hadli branch in hadli

The MICR code 582483520 is used in RBI cheque clearing process to identify the branch Hadli and Karnataka Grameena 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 KVG Bank is typically in either of these two font’s: E-138 and CMC-7.

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