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Karnataka Bank Kota Kota Rajasthan MICR CODE

Find MICR Codes for Karnataka Bank Kota Kota Rajasthan

MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kota
Contact (mob) 9454749821
Bank Details Karnataka Bank Ltd Kota KARB0000459
Location Kota, Kota
City Kota
District Kota
State Rajasthan
Pincode 324005
Country IN
Address Ground floor, no. 341, shoping centre, gumanpura road, kota - 324005
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 324052002 for Kota 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 324052002 of Karnataka Bank, Kota branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Kota 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 -

>>Kota

MICR code for Karnataka Bank Kota

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 Kota 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. 324052002 is the MICR code of Karnataka Bank for Kota branch. MICR code for Kota 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 Kota is presented in the table alongside.

Use of Karnataka Bank MICR code for Kota branch in kota

The MICR code 324052002 is used in RBI cheque clearing process to identify the branch Kota 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.