Karnataka Gramin Bank Vijayapura Vivek Nagar Karnataka MICR CODE

Find MICR Codes for Karnataka Gramin Bank Vijayapura Vivek Nagar Karnataka

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MICR Code
Bank Karnataka Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vivek Nagar
Contact 8378-9480699395
Bank Details Karnataka Gramin Bank Vivek Nagar PKGB0013391
Location Vijayapura, Vivek Nagar
City Vijayapura
District Vivek Nagar
State Karnataka
Pincode 586201
Country IN
Address Vijayapura tehsil, vijayapura 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 Vivek Nagar 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, Vivek Nagar branch makes the system almost error free and faster. Use of Karnataka Gramin Bank MICR codes for Vivek Nagar 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 -

>>Vivek Nagar

MICR code for Karnataka Gramin Bank Vivek Nagar

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 Vivek Nagar 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 Vivek Nagar branch. MICR code for Vivek Nagar 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 Vivek Nagar is presented in the table alongside.

Use of Karnataka Gramin Bank MICR code for Vivek Nagar branch in vijayapura

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