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Karnataka Bank Vijayawada Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Karnataka Bank Vijayawada Krishna Andhra Pradesh

MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Governorpet Vijayawada
Contact
Bank Details Karnataka Bank Ltd Governorpet Vijayawada KARB0000795
Location Vijayawada, Krishna
City Vijayawada
District Krishna
State Andhra Pradesh
Pincode 520002
Country IN
Address D no27 12 5, ali baig street, governorpet, pb303, vijayawada 520002
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 520052002 for Governorpet Vijayawada 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 520052002 of Karnataka Bank, Governorpet Vijayawada branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Governorpet Vijayawada 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 -

>>Governorpet Vijayawada >>Vijayawada Bhavanipuram >>Vijayawada Main Ap

MICR code for Karnataka Bank Governorpet Vijayawada

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 Governorpet Vijayawada 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. 520052002 is the MICR code of Karnataka Bank for Governorpet Vijayawada branch. MICR code for Governorpet Vijayawada 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 Governorpet Vijayawada is presented in the table alongside.

Use of Karnataka Bank MICR code for Governorpet Vijayawada branch in vijayawada

The MICR code 520052002 is used in RBI cheque clearing process to identify the branch Governorpet Vijayawada 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.