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Karnataka Bank Mumbai Navi Mumbai Maharashtra MICR CODE

Find MICR Codes for Karnataka Bank Mumbai Navi Mumbai Maharashtra

MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Navi Mumbainerul East
Contact 0
Bank Details Karnataka Bank Ltd Navi Mumbainerul East KARB0000637
Location Mumbai, Navi Mumbai
City Mumbai
District Navi Mumbai
State Maharashtra
Pincode 400706
Country IN
Address Ground floor,ashraya,sector 19,plot no.92,nerul(e),navi mumbai-400706
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 400052034 for Navi Mumbainerul East 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 400052034 of Karnataka Bank, Navi Mumbainerul East branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Navi Mumbainerul East 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 -

>>Navi Mumbainerul East

MICR code for Karnataka Bank Navi Mumbainerul East

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 Navi Mumbainerul East 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. 400052034 is the MICR code of Karnataka Bank for Navi Mumbainerul East branch. MICR code for Navi Mumbainerul East 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 Navi Mumbainerul East is presented in the table alongside.

Use of Karnataka Bank MICR code for Navi Mumbainerul East branch in mumbai

The MICR code 400052034 is used in RBI cheque clearing process to identify the branch Navi Mumbainerul East 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.