Karnataka Vikas Bank Belgaum Belgaum Karnataka MICR CODE

Find MICR Codes for Karnataka Vikas Bank Belgaum Belgaum Karnataka

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MICR Code	590483012
Bank	Karnataka Vikas Grameena Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Shrinagar Belgaum
Contact	9480699533
Bank Details	Karnataka Vikas Grameena Bank Shrinagar Belgaum KVGB0002216

Location	Belgaum, Belgaum
City	Belgaum
District	Belgaum
State	Karnataka
Pincode	590001
Country	IN
Address	,md nargund bldg, h no 643,sector 5 double road 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 590483012 for Shrinagar Belgaum 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 590483012 of Karnataka Grameena Bank, Shrinagar Belgaum branch makes the system almost error free and faster. Use of Karnataka Grameena Bank MICR codes for Shrinagar Belgaum branch, makes the characters readable even if there are other marks and stamps on it.

A total of 18 branches of Karnataka Vikas Grameena Bank are available with micr code -

>>Agasage >>Azamnagar Bgm >>Badalankalagi >>Basavan Kudachi >>Belgaum >>Belgaum R.O >>Fort Rd Belgaum >>Ganeshpur >>Goawas Belgaum >>Hanuman Nagar >>Kanabargi >>Mutnal >>Ranichannammanagar Belgaum >>Santi Bastawad >>Shahpur Belgaum >>Shrinagar Belgaum >>Udhyam Bagh >>Vaibhav Nagar Belgaum

MICR code for Karnataka Vikas Bank Shrinagar Belgaum

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 Shrinagar Belgaum 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. 590483012 is the MICR code of KVG Bank for Shrinagar Belgaum branch. MICR code for Shrinagar Belgaum 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 Shrinagar Belgaum is presented in the table alongside.

Use of Karnataka Grameena Bank MICR code for Shrinagar Belgaum branch in belgaum

The MICR code 590483012 is used in RBI cheque clearing process to identify the branch Shrinagar Belgaum 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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