Karnataka Gramin Bank Haveri Sheshagiri Karnataka MICR CODE

Find MICR Codes for Karnataka Gramin Bank Haveri Sheshagiri Karnataka

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MICR Code
Bank Karnataka Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sheshagiri
Contact 8379-9480699232
Bank Details Karnataka Gramin Bank Sheshagiri PKGB0013194
Location Haveri, Sheshagiri
City Haveri
District Sheshagiri
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 Sheshagiri 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, Sheshagiri branch makes the system almost error free and faster. Use of Karnataka Gramin Bank MICR codes for Sheshagiri 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 -

>>Sheshagiri

MICR code for Karnataka Gramin Bank Sheshagiri

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

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

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