Karur Vysya Bank Coimbatore Coimbotore Tamil Nadu MICR CODE

Find MICR Codes for Karur Vysya Bank Coimbatore Coimbotore 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 Coimbatore Dr Nanjappa Road
Contact 24/7 Phone Helpline - 1860 200 1916, Website - Www.Kvb.Co.In
Bank Details Karur Vysya Bank Coimbatore Dr Nanjappa Road KVBL0001121
Location Coimbatore, Coimbotore
City Coimbatore
District Coimbotore
State Tamil Nadu
Pincode 641018
Country IN
Address P.b. No. 3825 483 dr. Nanjappa road,,coimbatore-641018
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 641053003 for Coimbatore Dr Nanjappa Road 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 641053003 of Karur Bank, Coimbatore Dr Nanjappa Road branch makes the system almost error free and faster. Use of Karur Bank MICR codes for Coimbatore Dr Nanjappa Road branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Karur Vysya Bank Coimbatore Dr Nanjappa Road

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 Coimbatore Dr Nanjappa Road 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. 641053003 is the MICR code of KVB for Coimbatore Dr Nanjappa Road branch. MICR code for Coimbatore Dr Nanjappa Road 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 Coimbatore Dr Nanjappa Road is presented in the table alongside.

Use of Karur Bank MICR code for Coimbatore Dr Nanjappa Road branch in coimbatore

The MICR code 641053003 is used in RBI cheque clearing process to identify the branch Coimbatore Dr Nanjappa Road 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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