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Karnataka Bank Miryalaguda Nalgonda Andhra Pradesh MICR CODE

Find MICR Codes for Karnataka Bank Miryalaguda Nalgonda Andhra Pradesh

MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Miryalaguda
Contact
Bank Details Karnataka Bank Ltd Miryalaguda KARB0000564
Location Miryalaguda, Nalgonda
City Miryalaguda
District Nalgonda
State Andhra Pradesh
Pincode 508207
Country IN
Address Ground floor, sagar road, near hanumanpet, miryalaguda-58207, nalgonda dist.
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 508052102 for Miryalaguda 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 508052102 of Karnataka Bank, Miryalaguda branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Miryalaguda branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Miryalaguda

MICR code for Karnataka Bank Miryalaguda

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 Miryalaguda 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. 508052102 is the MICR code of Karnataka Bank for Miryalaguda branch. MICR code for Miryalaguda 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 Miryalaguda is presented in the table alongside.

Use of Karnataka Bank MICR code for Miryalaguda branch in miryalaguda

The MICR code 508052102 is used in RBI cheque clearing process to identify the branch Miryalaguda 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.