Karnataka Gramin Bank Belagavi Bailur Karnataka MICR CODE

Find MICR Codes for Karnataka Gramin Bank Belagavi Bailur Karnataka

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MICR Code	-NA-
Bank	Karnataka Gramin Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bailur
Contact	8288-9480699243
Bank Details	Karnataka Gramin Bank Bailur PKGB0013327

Location	Belagavi, Bailur
City	Belagavi
District	Bailur
State	Karnataka
Pincode
Country	IN
Address	Bailahongala tehsil, belagavi 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 Bailur 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, Bailur branch makes the system almost error free and faster. Use of Karnataka Gramin Bank MICR codes for Bailur 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 -

>>Bailur

MICR code for Karnataka Gramin Bank Bailur

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 Bailur 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 Bailur branch. MICR code for Bailur 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 Bailur is presented in the table alongside.

Use of Karnataka Gramin Bank MICR code for Bailur branch in belagavi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bailur 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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