Kaveri Grameena Bank Tumakuru Tumakuru Karnataka MICR CODE

Find MICR Codes for Kaveri Grameena Bank Tumakuru Tumakuru Karnataka

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MICR Code
Bank Kaveri Grameena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch D Kymara
Contact 8861243920
Bank Details Kaveri Grameena Bank D Kymara KGRB0000157
Location Tumakuru, Tumakuru
City Tumakuru
District Tumakuru
State Karnataka
Pincode
Country IN
Address D kymaramadhugiri taluk
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 D Kymara 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 Kaveri Grameena Bank, D Kymara branch makes the system almost error free and faster. Use of Kaveri Grameena Bank MICR codes for D Kymara branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Kaveri Grameena Bank D Kymara

Kaveri Grameena Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Kaveri Grameena Bank MICR code for D Kymara 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 Kaveri Grameena Bank for D Kymara branch. MICR code for D Kymara 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 Kaveri Grameena Bank D Kymara is presented in the table alongside.

Use of Kaveri Grameena Bank MICR code for D Kymara branch in tumakuru

The MICR code 0 is used in RBI cheque clearing process to identify the branch D Kymara and Kaveri Grameena 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 Kaveri Grameena Bank is typically in either of these two font’s: E-138 and CMC-7.

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