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Karnataka Bank Chitradurga Chitradurga Karnataka MICR CODE

Find MICR Codes for Karnataka Bank Chitradurga Chitradurga Karnataka

MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chitradurga Karnataka
Contact
Bank Details Karnataka Bank Ltd Chitradurga Karnataka KARB0000136
Location Chitradurga, Chitradurga
City Chitradurga
District Chitradurga
State Karnataka
Pincode 577501
Country IN
Address Reddy janasangha bldg,sri yogi vemana complex,bd road,pb11,chitradurga 577501
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 Chitradurga Karnataka 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 Bank, Chitradurga Karnataka branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Chitradurga Karnataka branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Karnataka Bank Ltd are available with micr code -

>>Challakere >>Chitradurga Karnataka >>Holalkere

MICR code for Karnataka Bank Chitradurga Karnataka

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 Chitradurga Karnataka 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 Bank for Chitradurga Karnataka branch. MICR code for Chitradurga Karnataka 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 Chitradurga Karnataka is presented in the table alongside.

Use of Karnataka Bank MICR code for Chitradurga Karnataka branch in chitradurga

The MICR code 0 is used in RBI cheque clearing process to identify the branch Chitradurga Karnataka 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.