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Karnataka Bank Nagercoil Kanyakumari Tamil Nadu MICR CODE

Find MICR Codes for Karnataka Bank Nagercoil Kanyakumari Tamil Nadu

MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nagercoil
Contact 7598465294
Bank Details Karnataka Bank Ltd Nagercoil KARB0000582
Location Nagercoil, Kanyakumari
City Nagercoil
District Kanyakumari
State Tamil Nadu
Pincode 623001
Country IN
Address D no 326,327, m s road madras service road nagercoil 623 001, kanyakumari dist tamilnadu state
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 629052002 for Nagercoil 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 629052002 of Karnataka Bank, Nagercoil branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Nagercoil 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 -

>>Nagercoil

MICR code for Karnataka Bank Nagercoil

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 Nagercoil 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. 629052002 is the MICR code of Karnataka Bank for Nagercoil branch. MICR code for Nagercoil 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 Nagercoil is presented in the table alongside.

Use of Karnataka Bank MICR code for Nagercoil branch in nagercoil

The MICR code 629052002 is used in RBI cheque clearing process to identify the branch Nagercoil 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.