Karnataka Bank Raichur Raichur Karnataka MICR CODE

Find MICR Codes for Karnataka Bank Raichur Raichur Karnataka

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MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Raichur
Contact
Bank Details Karnataka Bank Ltd Raichur KARB0000651
Location Raichur, Raichur
City Raichur
District Raichur
State Karnataka
Pincode 584101
Country IN
Address Patel road, brestwarpet, pb18, raichur 584101, karnataka
MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Manvi
Contact
Bank Details Karnataka Bank Ltd Manvi KARB0000569
Location Raichur, Raichur
City Raichur
District Raichur
State Karnataka
Pincode 584123
Country IN
Address Opp. Axis bank, sindhanur road, manvi - 584123
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 raichur

You can search through MICR Codes of Karnataka branches in raichur of District raichur in Karnataka State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 2 branches of Karnataka Bank Ltd are available with micr code -

>>Manvi >>Raichur

How to find MICR codes for Karnataka Bank in raichur?

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

Karnataka Bank MICR code in raichur

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

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