Karnataka Gramin Bank Haveri Bommanhalli Karnataka MICR CODE

Find MICR Codes for Karnataka Gramin Bank Haveri Bommanhalli Karnataka

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MICR Code
Bank Karnataka Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bommanhalli
Contact 8378-9480699585
Bank Details Karnataka Gramin Bank Bommanhalli PKGB0013492
Location Haveri, Bommanhalli
City Haveri
District Bommanhalli
State Karnataka
Pincode 581104
Country IN
Address Hangal tehsil, haveri 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 Bommanhalli 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, Bommanhalli branch makes the system almost error free and faster. Use of Karnataka Gramin Bank MICR codes for Bommanhalli 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 -

>>Bommanhalli

MICR code for Karnataka Gramin Bank Bommanhalli

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

Use of Karnataka Gramin Bank MICR code for Bommanhalli branch in haveri

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