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Karnataka Bank Jabalpur Jabalpur Madhya Pradesh MICR CODE

Find MICR Codes for Karnataka Bank Jabalpur Jabalpur Madhya Pradesh

MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jabalpur
Contact
Bank Details Karnataka Bank Ltd Jabalpur KARB0000369
Location Jabalpur, Jabalpur
City Jabalpur
District Jabalpur
State Madhya Pradesh
Pincode 482002
Country IN
Address Shiv mula tower, no.1553, main road, wright town, jabalpur - 482002
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 482052001 for Jabalpur 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 482052001 of Karnataka Bank, Jabalpur branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Jabalpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Karnataka Bank Ltd are available with micr code -

>>Jabalpur

MICR code for Karnataka Bank Jabalpur

Karnataka Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Karnataka Bank MICR code for Jabalpur 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. 482052001 is the MICR code of Karnataka Bank for Jabalpur branch. MICR code for Jabalpur 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 Karnataka Bank Jabalpur is presented in the table alongside.

Use of Karnataka Bank MICR code for Jabalpur branch in jabalpur

The MICR code 482052001 is used in RBI cheque clearing process to identify the branch Jabalpur and Karnataka 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 Karnataka Bank is typically in either of these two font’s: E-138 and CMC-7.