Karnataka Bank Yadgir Yadgir Karnataka MICR CODE

Find MICR Codes for Karnataka Bank Yadgir Yadgir Karnataka

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MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hothpet
Contact
Bank Details Karnataka Bank Ltd Hothpet KARB0000340
Location Yadgir, Yadgir
City Yadgir
District Yadgir
State Karnataka
Pincode 585287
Country IN
Address Main road, near bus stand, hothpet grama panchayat, village hothpet - 585287
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 yadgir

You can search through MICR Codes of Karnataka branches in yadgir of District yadgir in Karnataka 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 -

>>Hothpet

How to find MICR codes for Karnataka Bank in yadgir?

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

Karnataka Bank MICR code in yadgir

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