Karnataka Gramin Bank Udupi Renjala Karnataka MICR CODE

Find MICR Codes for Karnataka Gramin Bank Udupi Renjala Karnataka

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MICR Code
Bank Karnataka Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Renjala
Contact 8378-9480699552
Bank Details Karnataka Gramin Bank Renjala PKGB0013467
Location Udupi, Renjala
City Udupi
District Renjala
State Karnataka
Pincode 576112
Country IN
Address Karkal tehsil, udupi 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 Renjala 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, Renjala branch makes the system almost error free and faster. Use of Karnataka Gramin Bank MICR codes for Renjala 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 -

>>Renjala

MICR code for Karnataka Gramin Bank Renjala

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

Use of Karnataka Gramin Bank MICR code for Renjala branch in udupi

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