Karur Vysya Bank Coimbatore Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for Karur Vysya Bank Coimbatore Coimbatore 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 Saravanampatti Main
Contact 022-22665914, 022-22556467 Neft@kvbmail.Com
Bank Details Karur Vysya Bank Coimbatore Saravanampatti Main KVBL0001748
Location Coimbatore, Coimbatore
City Coimbatore
District Coimbatore
State Tamil Nadu
Pincode 641035
Country IN
Address Vel valagam,137 d, opp to police check post, sathy main road,saravanampatti,coimbatore
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 Saravanampatti Main 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 Saravanampatti Main branch makes the system almost error free and faster. Use of Karur Bank MICR codes for Coimbatore Saravanampatti Main branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Karur Vysya Bank Coimbatore Saravanampatti Main

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

Use of Karur Bank MICR code for Coimbatore Saravanampatti Main branch in coimbatore

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