Karur Vysya Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Karur Vysya Bank Chennai Chennai Tamil Nadu

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MICR Code	600053042
Bank	Karur Vysya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Chennai Madipakkam
Contact	24/7 Phone Helpline - 1860 200 1916, Website - Www.Kvb.Co.In
Bank Details	Karur Vysya Bank Chennai Madipakkam KVBL0001614

Location	Chennai, Chennai
City	Chennai
District	Chennai
State	Tamil Nadu
Pincode	600091
Country	IN
Address	No.37/8, govindh complex,ground floor, medavakkam main road,madipakkam,chennai - 600 091

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 600053042 for Chennai Madipakkam 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 600053042 of Karur Bank, Chennai Madipakkam branch makes the system almost error free and faster. Use of Karur Bank MICR codes for Chennai Madipakkam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 89 branches of Karur Vysya Bank are available with micr code -

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MICR code for Karur Vysya Bank Chennai Madipakkam

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 Chennai Madipakkam 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. 600053042 is the MICR code of KVB for Chennai Madipakkam branch. MICR code for Chennai Madipakkam 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 Chennai Madipakkam is presented in the table alongside.

Use of Karur Bank MICR code for Chennai Madipakkam branch in chennai

The MICR code 600053042 is used in RBI cheque clearing process to identify the branch Chennai Madipakkam 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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