Karnataka Bank Vellakovil Erode Tamil Nadu MICR CODE

Find MICR Codes for Karnataka Bank Vellakovil Erode Tamil Nadu

Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vellakovil Tn
Bank Details Karnataka Bank Ltd Vellakovil Tn KARB0000794
Location Vellakovil, Erode
City Vellakovil
District Erode
State Tamil Nadu
Pincode 520002
Country IN
Address D no 27 12 5, ali baig street, governorpet, pb303, vijayawada 520002, krishna dist, ap
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 erode

You can search through MICR Codes of Tamil Nadu branches in vellakovil of District erode in Tamil Nadu 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 -

>>Vellakovil Tn

How to find MICR codes for Karnataka Bank in vellakovil?

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

Karnataka Bank MICR code in vellakovil

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