Karnataka Bank Mangalore Dakshina Kannada Karnataka MICR CODE

Find MICR Codes for Karnataka Bank Mangalore Dakshina Kannada Karnataka

MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Navimum Baibelapur
Contact
Bank Details Karnataka Bank Ltd Navimum Baibelapur KARB0000522
Location Mangalore, Dakshina Kannada
City Mangalore
District Dakshina Kannada
State Karnataka
Pincode 400614
Country IN
Address Sector 15, palm beach road, cbd, belapur, mumbai, maharashtra400614
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 400052022 for Navimum Baibelapur 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 400052022 of Karnataka Bank, Navimum Baibelapur branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Navimum Baibelapur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Karnataka Bank Navimum Baibelapur

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 Navimum Baibelapur 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. 400052022 is the MICR code of Karnataka Bank for Navimum Baibelapur branch. MICR code for Navimum Baibelapur 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 Navimum Baibelapur is presented in the table alongside.

Use of Karnataka Bank MICR code for Navimum Baibelapur branch in mangalore

The MICR code 400052022 is used in RBI cheque clearing process to identify the branch Navimum Baibelapur 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.

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