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Karnataka Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Karnataka Bank Chennai Chennai Tamil Nadu

MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chennai Ayanavaram
Contact
Bank Details Karnataka Bank Ltd Chennai Ayanavaram KARB0000159
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 600023
Country IN
Address No.4 old no.22, 3rd cross street, venkatesapuram colony, ayanavaram, chennai 600 023
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 600052014 for Chennai Ayanavaram 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 600052014 of Karnataka Bank, Chennai Ayanavaram branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Chennai Ayanavaram branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Karnataka Bank Chennai Ayanavaram

Karnataka Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Karnataka Bank MICR code for Chennai Ayanavaram 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. 600052014 is the MICR code of Karnataka Bank for Chennai Ayanavaram branch. MICR code for Chennai Ayanavaram 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 Bank Chennai Ayanavaram is presented in the table alongside.

Use of Karnataka Bank MICR code for Chennai Ayanavaram branch in chennai

The MICR code 600052014 is used in RBI cheque clearing process to identify the branch Chennai Ayanavaram and Karnataka 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 Bank is typically in either of these two font’s: E-138 and CMC-7.