Karur Vysya Bank St.Thomas Mnt.Pallavaram Kancheepuram Tamil Nadu MICR CODE

Find MICR Codes for Karur Vysya Bank St.Thomas Mnt.Pallavaram Kancheepuram Tamil Nadu

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MICR Code
Bank Karur Vysya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chennai St Thomas Mount
Contact 24/7 Phone Helpline - 1860 200 1916, Website - Www.Kvb.Co.In
Bank Details Karur Vysya Bank Chennai St Thomas Mount KVBL0001244
Location St.Thomas Mnt.Pallavaram, Kancheepuram
City St.Thomas Mnt.Pallavaram
District Kancheepuram
State Tamil Nadu
Pincode 600016
Country IN
Address St. Thomas hospital defence colony road,st. Thomas mount,chennai-600016
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 600053018 for Chennai St Thomas Mount 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 600053018 of Karur Bank, Chennai St Thomas Mount branch makes the system almost error free and faster. Use of Karur Bank MICR codes for Chennai St Thomas Mount 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 -

>>Chennai St Thomas Mount

MICR code for Karur Vysya Bank Chennai St Thomas Mount

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 St Thomas Mount 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. 600053018 is the MICR code of KVB for Chennai St Thomas Mount branch. MICR code for Chennai St Thomas Mount 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 St Thomas Mount is presented in the table alongside.

Use of Karur Bank MICR code for Chennai St Thomas Mount branch in st.thomas mnt.pallavaram

The MICR code 600053018 is used in RBI cheque clearing process to identify the branch Chennai St Thomas Mount 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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