Karnataka Vikas Bank Kankanwadi Belgaum Karnataka MICR CODE

Find MICR Codes for Karnataka Vikas Bank Kankanwadi Belgaum 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 Kankanwadi
Contact 9480699320
Bank Details Karnataka Vikas Grameena Bank Kankanwadi KVGB0002706
Location Kankanwadi, Belgaum
City Kankanwadi
District Belgaum
State Karnataka
Pincode 591222
Country IN
Address Kankanawadi branch “ganesh krupa” kankanwadi - 591 222. Tq. : raibag,  dist. : belgaum.
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 591483571 for Kankanwadi 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 591483571 of Karnataka Grameena Bank, Kankanwadi branch makes the system almost error free and faster. Use of Karnataka Grameena Bank MICR codes for Kankanwadi 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 -

>>Kankanwadi

MICR code for Karnataka Vikas Bank Kankanwadi

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 Kankanwadi 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. 591483571 is the MICR code of KVG Bank for Kankanwadi branch. MICR code for Kankanwadi 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 Kankanwadi is presented in the table alongside.

Use of Karnataka Grameena Bank MICR code for Kankanwadi branch in kankanwadi

The MICR code 591483571 is used in RBI cheque clearing process to identify the branch Kankanwadi 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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