Karnataka Bank Koni Udupi Karnataka MICR CODE

Find MICR Codes for Karnataka Bank Koni Udupi Karnataka

Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Koni Gp
Contact 232235
Bank Details Karnataka Bank Ltd Koni Gp KARB0000384
Location Koni, Udupi
City Koni
District Udupi
State Karnataka
Pincode 576217
Country IN
Address Ground floor,near koni grama panchayath office,kundapura-shivamogga road,koni village&gp,kundapura taluk-576217
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 udupi

You can search through MICR Codes of Karnataka branches in koni of District udupi 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 -

>>Koni Gp

How to find MICR codes for Karnataka Bank in koni?

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

Karnataka Bank MICR code in koni

Karnataka Bank MICR code is a character recognition technology used by banks in the processing of cheques. Karnataka Bank MICR code for koni 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 koni, 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 koni 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 koni 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 koni branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Karnataka Bank MICR codes for koni branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!