Karnataka Vikas Bank Halliguli Gadag Karnataka MICR CODE

Find MICR Codes for Karnataka Vikas Bank Halliguli Gadag Karnataka

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MICR Code
Bank Karnataka Vikas Grameena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jantli Shirur
Contact 9480699562
Bank Details Karnataka Vikas Grameena Bank Jantli Shirur KVGB0006110
Location Halliguli, Gadag
City Halliguli
District Gadag
State Karnataka
Pincode 582113
Country IN
Address Gram panchayat building at & po. Jantli shirur tq. Mundargi pin – 582 113
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 582483543 for Jantli Shirur 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 582483543 of Karnataka Grameena Bank, Jantli Shirur branch makes the system almost error free and faster. Use of Karnataka Grameena Bank MICR codes for Jantli Shirur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Karnataka Vikas Grameena Bank are available with micr code -

>>Halliguli >>Jantli Shirur

MICR code for Karnataka Vikas Bank Jantli Shirur

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 Jantli Shirur 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. 582483543 is the MICR code of KVG Bank for Jantli Shirur branch. MICR code for Jantli Shirur 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 Jantli Shirur is presented in the table alongside.

Use of Karnataka Grameena Bank MICR code for Jantli Shirur branch in halliguli

The MICR code 582483543 is used in RBI cheque clearing process to identify the branch Jantli Shirur 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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