Karur Vysya Bank Kavundapalayam Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for Karur Vysya Bank Kavundapalayam Coimbatore Tamil Nadu

↻ Reload
MICR Code
Bank Karur Vysya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Coimbatore Goundampalayam
Contact 24/7 Phone Helpline - 1860 200 1916, Website - Www.Kvb.Co.In
Bank Details Karur Vysya Bank Coimbatore Goundampalayam KVBL0001675
Location Kavundapalayam, Coimbatore
City Kavundapalayam
District Coimbatore
State Tamil Nadu
Pincode 641025
Country IN
Address 5/23,sks building, goundampalayam, mettupalayam road
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 Coimbatore Goundampalayam 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, Coimbatore Goundampalayam branch makes the system almost error free and faster. Use of Karur Bank MICR codes for Coimbatore Goundampalayam 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 -

>>Coimbatore Goundampalayam

MICR code for Karur Vysya Bank Coimbatore Goundampalayam

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 Goundampalayam 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 Coimbatore Goundampalayam branch. MICR code for Coimbatore Goundampalayam 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 Goundampalayam is presented in the table alongside.

Use of Karur Bank MICR code for Coimbatore Goundampalayam branch in kavundapalayam

The MICR code 0 is used in RBI cheque clearing process to identify the branch Coimbatore Goundampalayam 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.

Copied!