Karnataka Bank Gurgaon Gurgaon Haryana MICR CODE

Find MICR Codes for Karnataka Bank Gurgaon Gurgaon Haryana

MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gurgaon Sector
Contact 9891363417
Bank Details Karnataka Bank Ltd Gurgaon Sector KARB0000280
Location Gurgaon, Gurgaon
City Gurgaon
District Gurgaon
State Haryana
Pincode 122021
Country IN
Address Dss no.25 & 26,huda market,old railway road,sector-7,gurgaon
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 110052030 for Gurgaon Sector 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 110052030 of Karnataka Bank, Gurgaon Sector branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Gurgaon Sector branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Karnataka Bank Ltd are available with micr code -

>>Gurgaon Sector >>Gurgaon Sector 31 32A

MICR code for Karnataka Bank Gurgaon Sector

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 Gurgaon Sector 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. 110052030 is the MICR code of Karnataka Bank for Gurgaon Sector branch. MICR code for Gurgaon Sector 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 Gurgaon Sector is presented in the table alongside.

Use of Karnataka Bank MICR code for Gurgaon Sector branch in gurgaon

The MICR code 110052030 is used in RBI cheque clearing process to identify the branch Gurgaon Sector 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.

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