Karnataka Vikas Bank Masuti Bijapur Karnataka MICR CODE

Find MICR Codes for Karnataka Vikas Bank Masuti Bijapur 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 Masuti
Contact 9480699383
Bank Details Karnataka Vikas Grameena Bank Masuti KVGB0003004
Location Masuti, Bijapur
City Masuti
District Bijapur
State Karnataka
Pincode 586150
Country IN
Address Asuti branch s.s.patil building, door no.4,near bus stand masuti - 586 150, tq : basavana bagewadi dist :bijapur.
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.

Search Karnataka Vikas Bank MICR Codes in bijapur

You can search through MICR Codes of Karnataka branches in masuti of District bijapur in Karnataka State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Masuti

How to find MICR codes for Karnataka Vikas Bank in masuti?

Karnataka Vikas Bank masuti MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Karnataka Grameena Bank MICR codes list for masuti, one can further search by branch name specified in the table. You can find MICR codes for all Karnataka Vikas Bank masuti branches.

Karnataka Grameena Bank MICR code in masuti

Karnataka Vikas Bank MICR code is a character recognition technology used by banks in the processing of cheques. Karnataka Grameena Bank MICR code for masuti branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for KVG Bank branches in masuti, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does KVG Bank MICR code for masuti branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Karnataka Vikas Bank masuti branch, sprinted 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. Thus MICR code for Karnataka Grameena Bank masuti branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of KVG Bank MICR codes for masuti branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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