Karnataka Vikas Bank Nagur Bagalkote Karnataka MICR CODE

Find MICR Codes for Karnataka Vikas Bank Nagur Bagalkote 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 Nagur
Contact 9480699435
Bank Details Karnataka Vikas Grameena Bank Nagur KVGB0001307
Location Nagur, Bagalkote
City Nagur
District Bagalkote
State Karnataka
Pincode 587118
Country IN
Address Nagur branch naragundcomplex, mainroad,   nagur – 587118  tq : hungund dist : bagalkot
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 bagalkote

You can search through MICR Codes of Karnataka branches in nagur of District bagalkote 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 -

>>Nagur

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

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

Karnataka Grameena Bank MICR code in nagur

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