Karur Vysya Bank Salem Salem Tamil Nadu MICR CODE

Find MICR Codes for Karur Vysya Bank Salem Salem Tamil Nadu

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State
District
City
Branch
Address

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	Salem Gorimedu
Contact	31-44
Bank Details	Karur Vysya Bank Salem Gorimedu KVBL0001967

Location	Salem, Salem
City	Salem
District	Salem
State	Tamil Nadu
Pincode	636008
Country	IN
Address	D no 5 36,gorimedu,yercaud main road,salem district 636008

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

A total of 13 branches of Karur Vysya Bank are available with micr code -

>>Ayothiapattinam >>Business Banking Unit Salem >>Deviyakurichi >>Panjakalipatti >>Salem Alagapuram >>Salem Cco >>Salem Do >>Salem Gorimedu >>Salem Gugai >>Salem Kondalampatti >>Salem Main >>Salem Shevapet >>Veeraganur

MICR code for Karur Vysya Bank Salem Gorimedu

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 Salem Gorimedu 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 Salem Gorimedu branch. MICR code for Salem Gorimedu 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 Salem Gorimedu is presented in the table alongside.

Use of Karur Bank MICR code for Salem Gorimedu branch in salem

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