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 Koppa 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 Koppa branch. MICR code for Koppa 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 Koppa is presented in the table alongside.
The MICR code 0 is used in RBI cheque clearing process to identify the branch Koppa 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.