Karur Vysya Bank Visakhapatnam Visakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Karur Vysya Bank Visakhapatnam Visakhapatnam Andhra Pradesh

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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	Vizag Mvp Colony
Contact	22665914
Bank Details	Karur Vysya Bank Vizag Mvp Colony KVBL0004855

Location	Visakhapatnam, Visakhapatnam
City	Visakhapatnam
District	Visakhapatnam
State	Andhra Pradesh
Pincode	530017
Country	IN
Address	D no 1 83 43 plot no hig 204 4 double road mvp colony visakhapatnam andhrapradesh 530017

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

A total of 5 branches of Karur Vysya Bank are available with micr code -

>>Seethammadhara Visakhapatnam >>Visakhapatnam Cpc >>Vizag Muralinagar >>Vizag Mvp Colony >>Vizagakkayapalem

MICR code for Karur Vysya Bank Vizag Mvp Colony

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 Vizag Mvp Colony 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 Vizag Mvp Colony branch. MICR code for Vizag Mvp Colony 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 Vizag Mvp Colony is presented in the table alongside.

Use of Karur Bank MICR code for Vizag Mvp Colony branch in visakhapatnam

The MICR code 0 is used in RBI cheque clearing process to identify the branch Vizag Mvp Colony 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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