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Karnataka Bank Jaipur Jaipur Rajasthan MICR CODE

Find MICR Codes for Karnataka Bank Jaipur Jaipur Rajasthan

MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jaipur Rajasthan
Contact
Bank Details Karnataka Bank Ltd Jaipur Rajasthan KARB0000364
Location Jaipur, Jaipur
City Jaipur
District Jaipur
State Rajasthan
Pincode 302001
Country IN
Address Shop no72 74,1st floor,ganapathi plaza,mi road,pb84,jaipur 302001
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 302052002 for Jaipur Rajasthan 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 302052002 of Karnataka Bank, Jaipur Rajasthan branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Jaipur Rajasthan branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Karnataka Bank Ltd are available with micr code -

>>Jaipur Rajasthan >>Jaipur Vaishalinagar

MICR code for Karnataka Bank Jaipur Rajasthan

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 Jaipur Rajasthan 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. 302052002 is the MICR code of Karnataka Bank for Jaipur Rajasthan branch. MICR code for Jaipur Rajasthan 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 Jaipur Rajasthan is presented in the table alongside.

Use of Karnataka Bank MICR code for Jaipur Rajasthan branch in jaipur

The MICR code 302052002 is used in RBI cheque clearing process to identify the branch Jaipur Rajasthan 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.