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	575483011
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	Suratkal
Contact	9480699510
Bank Details	Karnataka Vikas Grameena Bank Suratkal KVGB0005205

Location	Mangalore, Dakshin Kannad
City	Mangalore
District	Dakshin Kannad
State	Karnataka
Pincode	575014
Country	IN
Address	Suratkal,shankar sadan opp: post office n h 17 suarat kal tq:mangalore dist: dakshina kannada

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 575483011 for Suratkal 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 575483011 of Karnataka Grameena Bank, Suratkal branch makes the system almost error free and faster. Use of Karnataka Grameena Bank MICR codes for Suratkal 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 Suratkal

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 Suratkal 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. 575483011 is the MICR code of KVG Bank for Suratkal branch. MICR code for Suratkal 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 Suratkal is presented in the table alongside.

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

The MICR code 575483011 is used in RBI cheque clearing process to identify the branch Suratkal 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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