Karur Vysya Bank Hoskote Hoskote Karnataka MICR CODE

Find MICR Codes for Karur Vysya Bank Hoskote Hoskote Karnataka

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MICR Code
Bank Karur Vysya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hoskote E C
Contact 22665914
Bank Details Karur Vysya Bank Hoskote E C KVBL0001349
Location Hoskote, Hoskote
City Hoskote
District Hoskote
State Karnataka
Pincode 560067
Country IN
Address M v j medical college and hospital dandupalya n h 4 30th km milestone kolathur p o hoskote bangalore
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 Hoskote E C 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, Hoskote E C branch makes the system almost error free and faster. Use of Karur Bank MICR codes for Hoskote E C 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 -

>>Hoskote E C

MICR code for Karur Vysya Bank Hoskote E C

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 Hoskote E C 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 Hoskote E C branch. MICR code for Hoskote E C 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 Hoskote E C is presented in the table alongside.

Use of Karur Bank MICR code for Hoskote E C branch in hoskote

The MICR code 0 is used in RBI cheque clearing process to identify the branch Hoskote E C 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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