Karnataka Bank Nasik Nasik Maharashtra MICR CODE

Find MICR Codes for Karnataka Bank Nasik Nasik Maharashtra

Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nasik Indira Nagar
Contact 9168626833
Bank Details Karnataka Bank Ltd Nasik Indira Nagar KARB0000643
Location Nasik, Nasik
City Nasik
District Nasik
State Maharashtra
Pincode 422009
Country IN
Address Ground floor, shop no.1&2,sai villa apartment,plot no.2/b,wadala-pathardi,indira nagar,nasik - 422009
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 nasik

You can search through MICR Codes of Maharashtra branches in nasik of District nasik in Maharashtra 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 -

>>Nasik Indira Nagar

How to find MICR codes for Karnataka Bank in nasik?

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

Karnataka Bank MICR code in nasik

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