Karnataka Gramin Bank Dharwad Apmc Branch Karnataka MICR CODE

Find MICR Codes for Karnataka Gramin Bank Dharwad Apmc Branch Karnataka

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MICR Code
Bank Karnataka Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Apmc Yard
Contact 8378-9480699103
Bank Details Karnataka Gramin Bank Apmc Yard PKGB0013364
Location Dharwad, Apmc Branch
City Dharwad
District Apmc Branch
State Karnataka
Pincode 580001
Country IN
Address Dharwad tehsil, dharwad district
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 0 for Apmc Yard 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 0 of Karnataka Gramin Bank, Apmc Yard branch makes the system almost error free and faster. Use of Karnataka Gramin Bank MICR codes for Apmc Yard branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Apmc Yard

MICR code for Karnataka Gramin Bank Apmc Yard

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

Use of Karnataka Gramin Bank MICR code for Apmc Yard branch in dharwad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Apmc Yard and Karnataka Gramin 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 Gramin Bank is typically in either of these two font’s: E-138 and CMC-7.

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