Karur Vysya Bank Banashankari Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Karur Vysya Bank Banashankari Bangalore Urban Karnataka

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MICR Code
Bank Karur Vysya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bangalore Banashankari
Contact 22665914
Bank Details Karur Vysya Bank Bangalore Banashankari KVBL0001348
Location Banashankari, Bangalore Urban
City Banashankari
District Bangalore Urban
State Karnataka
Pincode
Country IN
Address Prabha arcade no 45 46 47 katriguppa main road vivekananda nagar bsk 3rd stage bangalore urban
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 0 for Bangalore Banashankari 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 0 of Karur Bank, Bangalore Banashankari branch makes the system almost error free and faster. Use of Karur Bank MICR codes for Bangalore Banashankari branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Karur Vysya Bank are available with micr code -

>>Bangalore Banashankari

MICR code for Karur Vysya Bank Bangalore Banashankari

Karur Vysya Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Karur Bank MICR code for Bangalore Banashankari 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. 0 is the MICR code of KVB for Bangalore Banashankari branch. MICR code for Bangalore Banashankari 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 Karur Bank Bangalore Banashankari is presented in the table alongside.

Use of Karur Bank MICR code for Bangalore Banashankari branch in banashankari

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bangalore Banashankari and Karur 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 KVB is typically in either of these two font’s: E-138 and CMC-7.

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