Karnataka Vikas Bank Mugalkhod Belgaum Karnataka MICR CODE

Find MICR Codes for Karnataka Vikas Bank Mugalkhod 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 Mugalkhod
Contact 9480699336
Bank Details Karnataka Vikas Grameena Bank Mugalkhod KVGB0002709
Location Mugalkhod, Belgaum
City Mugalkhod
District Belgaum
State Karnataka
Pincode 591235
Country IN
Address Mugalkhod branch   panchayat building (jry), mugalkhod - 591 235. 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.

Search Karnataka Vikas Bank MICR Codes in belgaum

You can search through MICR Codes of Karnataka branches in mugalkhod of District belgaum 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 -

>>Mugalkhod

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

Karnataka Vikas Bank mugalkhod 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 mugalkhod, one can further search by branch name specified in the table. You can find MICR codes for all Karnataka Vikas Bank mugalkhod branches.

Karnataka Grameena Bank MICR code in mugalkhod

Karnataka Vikas Bank MICR code is a character recognition technology used by banks in the processing of cheques. Karnataka Grameena Bank MICR code for mugalkhod 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 mugalkhod, 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 mugalkhod 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 mugalkhod 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 mugalkhod branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of KVG Bank MICR codes for mugalkhod 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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