Karnataka Bank Raigad Navi Mumbai Maharashtra MICR CODE

Find MICR Codes for Karnataka Bank Raigad Navi Mumbai Maharashtra

MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Navi Mumbai Kamothe
Contact 0
Bank Details Karnataka Bank Ltd Navi Mumbai Kamothe KARB0000596
Location Raigad, Navi Mumbai
City Raigad
District Navi Mumbai
State Maharashtra
Pincode 410209
Country IN
Address Shop no 1 & 2, plot no 7, shivaprakash celebration, sector no 11, kamothe, navi mumbai 410209, panvel taluk
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 navi mumbai

You can search through MICR Codes of Maharashtra branches in raigad of District navi mumbai 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 -

>>Navi Mumbai Kamothe

How to find MICR codes for Karnataka Bank in raigad?

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

Karnataka Bank MICR code in raigad

Karnataka Bank MICR code is a character recognition technology used by banks in the processing of cheques. Karnataka Bank MICR code for raigad 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 raigad, 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 raigad 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 raigad 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 raigad branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Karnataka Bank MICR codes for raigad 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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