Karnataka Bank Kolar Mulbagal Karnataka MICR CODE

Find MICR Codes for Karnataka Bank Kolar Mulbagal Karnataka

MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mulbagal
Contact 0
Bank Details Karnataka Bank Ltd Mulbagal KARB0000246
Location Kolar, Mulbagal
City Kolar
District Mulbagal
State Karnataka
Pincode 563131
Country IN
Address Khata no. 20-6-34, ward no 9 ,narasimha theertha road, mulbagal-563131 ,mulbaghal taluk, kolat district, karnataka
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.

Search Karnataka Bank MICR Codes in mulbagal

You can search through MICR Codes of Karnataka branches in kolar of District mulbagal in Karnataka State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Karnataka Bank Ltd are available with micr code -

>>Mulbagal

How to find MICR codes for Karnataka Bank in kolar?

Karnataka Bank kolar MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Karnataka Bank MICR codes list for kolar, one can further search by branch name specified in the table. You can find MICR codes for all Karnataka Bank kolar branches.

Karnataka Bank MICR code in kolar

Karnataka Bank MICR code is a character recognition technology used by banks in the processing of cheques. Karnataka Bank MICR code for kolar branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Karnataka Bank branches in kolar, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Karnataka Bank MICR code for kolar branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Karnataka Bank kolar branch, sprinted 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. Thus MICR code for Karnataka Bank kolar branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Karnataka Bank MICR codes for kolar branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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