Karur Vysya Bank Surat Surat Gujarat MICR CODE

Find MICR Codes for Karur Vysya Bank Surat Surat Gujarat

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MICR Code	-NA-
Bank	Karur Vysya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Neo Surat
Contact	422-2227760
Bank Details	Karur Vysya Bank Neo Surat KVBL0002225

Location	Surat, Surat
City	Surat
District	Surat
State	Gujarat
Pincode	395002
Country	IN
Address	No f1 and 2,jk tower,ring road,surat - 395002

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 Neo Surat 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, Neo Surat branch makes the system almost error free and faster. Use of Karur Bank MICR codes for Neo Surat branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Karur Vysya Bank are available with micr code -

>>Neo Surat >>Surat >>Surat Um Road

MICR code for Karur Vysya Bank Neo Surat

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 Neo Surat 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 Neo Surat branch. MICR code for Neo Surat 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 Neo Surat is presented in the table alongside.

Use of Karur Bank MICR code for Neo Surat branch in surat

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