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Karur Vysya Bank Kolkata Kolkata West Bengal MICR CODE

Find MICR Codes for Karur Vysya Bank Kolkata Kolkata West Bengal

MICR Code
Bank Karur Vysya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kolkatta Baligunj
Contact 24/7 Phone Helpline - 1860 200 1916, Website - Www.Kvb.Co.In
Bank Details Karur Vysya Bank Kolkatta Baligunj KVBL0003103
Location Kolkata, Kolkata
City Kolkata
District Kolkata
State West Bengal
Pincode 700019
Country IN
Address No 13 bondel road , kolkatta 700019
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 700053004 for Kolkatta Baligunj 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 700053004 of Karur Bank, Kolkatta Baligunj branch makes the system almost error free and faster. Use of Karur Bank MICR codes for Kolkatta Baligunj branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Karur Vysya Bank Kolkatta Baligunj

Karur Vysya Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Karur Bank MICR code for Kolkatta Baligunj 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. 700053004 is the MICR code of KVB for Kolkatta Baligunj branch. MICR code for Kolkatta Baligunj 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 Karur Bank Kolkatta Baligunj is presented in the table alongside.

Use of Karur Bank MICR code for Kolkatta Baligunj branch in kolkata

The MICR code 700053004 is used in RBI cheque clearing process to identify the branch Kolkatta Baligunj and Karur 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 KVB is typically in either of these two font’s: E-138 and CMC-7.