Karnataka Bank Mangalore Dakshina Kannada Karnataka MICR CODE

Find MICR Codes for Karnataka Bank Mangalore Dakshina Kannada Karnataka

MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kadri Road Mangalore
Contact
Bank Details Karnataka Bank Ltd Kadri Road Mangalore KARB0000506
Location Mangalore, Dakshina Kannada
City Mangalore
District Dakshina Kannada
State Karnataka
Pincode 575003
Country IN
Address Ksn adiga smaraka bhavana,kadri road,mangalore 575003
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 575052018 for Kadri Road Mangalore 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 575052018 of Karnataka Bank, Kadri Road Mangalore branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Kadri Road Mangalore branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Karnataka Bank Kadri Road Mangalore

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 Kadri Road Mangalore 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. 575052018 is the MICR code of Karnataka Bank for Kadri Road Mangalore branch. MICR code for Kadri Road Mangalore 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 Kadri Road Mangalore is presented in the table alongside.

Use of Karnataka Bank MICR code for Kadri Road Mangalore branch in mangalore

The MICR code 575052018 is used in RBI cheque clearing process to identify the branch Kadri Road Mangalore 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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