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Karnataka Bank Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Karnataka Bank Mumbai Mumbai Maharashtra

MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kandivili West Mumbai
Contact
Bank Details Karnataka Bank Ltd Kandivili West Mumbai KARB0000093
Location Mumbai, Mumbai
City Mumbai
District Mumbai
State Maharashtra
Pincode 400067
Country IN
Address B by 13, matru asish, next to balbharati, sv road, kandivli 400067
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 400052005 for Kandivili West Mumbai 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 400052005 of Karnataka Bank, Kandivili West Mumbai branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Kandivili West Mumbai branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Karnataka Bank Kandivili West Mumbai

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 Kandivili West Mumbai 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. 400052005 is the MICR code of Karnataka Bank for Kandivili West Mumbai branch. MICR code for Kandivili West Mumbai 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 Kandivili West Mumbai is presented in the table alongside.

Use of Karnataka Bank MICR code for Kandivili West Mumbai branch in mumbai

The MICR code 400052005 is used in RBI cheque clearing process to identify the branch Kandivili West Mumbai 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.