Karnataka Vikas Bank Mangalore Dakshin Kannad Karnataka MICR CODE

Find MICR Codes for Karnataka Vikas Bank Mangalore Dakshin Kannad 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 Krishnapur
Contact
Bank Details Karnataka Vikas Grameena Bank Krishnapur KVGB0005211
Location Mangalore, Dakshin Kannad
City Mangalore
District Dakshin Kannad
State Karnataka
Pincode 575014
Country IN
Address Karnataka vikas grameena bank, londoan plaza ii, 1st floor, 7th block main road, krishnapur - 575014 , po suratkal , mangalore dt: south kanara
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 575483015 for Krishnapur 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 575483015 of Karnataka Grameena Bank, Krishnapur branch makes the system almost error free and faster. Use of Karnataka Grameena Bank MICR codes for Krishnapur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Karnataka Vikas Grameena Bank are available with micr code -

>>Bunder Mangalore >>Kavoor >>Krishnapur >>Mangalore >>Mangalore R O >>Suratkal >>Z P Extension Mangalore

MICR code for Karnataka Vikas Bank Krishnapur

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 Krishnapur 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. 575483015 is the MICR code of KVG Bank for Krishnapur branch. MICR code for Krishnapur 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 Krishnapur is presented in the table alongside.

Use of Karnataka Grameena Bank MICR code for Krishnapur branch in mangalore

The MICR code 575483015 is used in RBI cheque clearing process to identify the branch Krishnapur 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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