Karur Vysya Bank Vellore Vellore Tamil Nadu MICR CODE

Find MICR Codes for Karur Vysya Bank Vellore Vellore 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 Devalapuram
Contact 22654260
Bank Details Karur Vysya Bank Devalapuram KVBL0001882
Location Vellore, Vellore
City Vellore
District Vellore
State Tamil Nadu
Pincode 635802
Country IN
Address Perambut-gudiyatham road, devalapuram, ambaur taluk, vellore, tamilnadu - 635852
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 Devalapuram 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, Devalapuram branch makes the system almost error free and faster. Use of Karur Bank MICR codes for Devalapuram branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Karur Vysya Bank are available with micr code -

>>Devalapuram >>Jolarpet >>Katpadi >>Natrampalli >>Pootuthakku >>Puthagaram >>Salai >>Sathuvachari >>Vellore >>Virupakshipuram

MICR code for Karur Vysya Bank Devalapuram

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 Devalapuram 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 Devalapuram branch. MICR code for Devalapuram 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 Devalapuram is presented in the table alongside.

Use of Karur Bank MICR code for Devalapuram branch in vellore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Devalapuram 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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