Karnataka State Cooperative Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Karnataka State Cooperative Bank Bangalore Bangalore Urban Karnataka

MICR Code
Bank Karnataka State Co-Op Apex Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ashoka Pillar
Contact 22976671
Bank Details Karnataka State Co-Op Apex Bank Ltd Ashoka Pillar KSCB0001016
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560050
Country IN
Address No 1/7,1st block,jayanagar,bangalore 560050
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 560226002 for Ashoka Pillar 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 560226002 of Karnataka State Coop Bank, Ashoka Pillar branch makes the system almost error free and faster. Use of Karnataka State Coop Bank MICR codes for Ashoka Pillar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Karnataka State Cooperative Bank Ashoka Pillar

Karnataka State Cooperative Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Karnataka State Coop Bank MICR code for Ashoka Pillar 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. 560226002 is the MICR code of Karnataka Apex Bank for Ashoka Pillar branch. MICR code for Ashoka Pillar 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 State Coop Bank Ashoka Pillar is presented in the table alongside.

Use of Karnataka State Coop Bank MICR code for Ashoka Pillar branch in bangalore

The MICR code 560226002 is used in RBI cheque clearing process to identify the branch Ashoka Pillar and Karnataka State Coop 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 Apex Bank is typically in either of these two font’s: E-138 and CMC-7.

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