Karnataka Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Karnataka Bank Pune Pune Maharashtra

MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hadapsar Pune
Contact
Bank Details Karnataka Bank Ltd Hadapsar Pune KARB0000609
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411028
Country IN
Address Door no 84 by 14,1st floor,everest house,tupe complex,near vaibhav theatre,hadapsar,pune
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 411052003 for Hadapsar Pune 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 411052003 of Karnataka Bank, Hadapsar Pune branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Hadapsar Pune branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Karnataka Bank Ltd are available with micr code -

>>Bavdhan Budruk >>Bavdhan Budruk >>Dhankawadi >>Hadapsar Pune >>Pune Main >>Punebaner

MICR code for Karnataka Bank Hadapsar Pune

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 Hadapsar Pune 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. 411052003 is the MICR code of Karnataka Bank for Hadapsar Pune branch. MICR code for Hadapsar Pune 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 Hadapsar Pune is presented in the table alongside.

Use of Karnataka Bank MICR code for Hadapsar Pune branch in pune

The MICR code 411052003 is used in RBI cheque clearing process to identify the branch Hadapsar Pune 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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