Karnataka Vikas Bank Kusugal Dharwad Karnataka MICR CODE

Find MICR Codes for Karnataka Vikas Bank Kusugal Dharwad Karnataka

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MICR Code
Bank Karnataka Vikas Grameena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kusugal
Contact 9480699127
Bank Details Karnataka Vikas Grameena Bank Kusugal KVGB0004107
Location Kusugal, Dharwad
City Kusugal
District Dharwad
State Karnataka
Pincode 581100
Country IN
Address Kusugal branch d.k. Patil building, killa road, kusugal - 581 100. Tq. : hubli, dist. : dharwad.
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 Vikas Bank MICR Codes in dharwad

You can search through MICR Codes of Karnataka branches in kusugal of District dharwad 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 Vikas Grameena Bank are available with micr code -

>>Kusugal

How to find MICR codes for Karnataka Vikas Bank in kusugal?

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

Karnataka Grameena Bank MICR code in kusugal

Karnataka Vikas Bank MICR code is a character recognition technology used by banks in the processing of cheques. Karnataka Grameena Bank MICR code for kusugal 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 KVG Bank branches in kusugal, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does KVG Bank MICR code for kusugal 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 Vikas Bank kusugal 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 Grameena Bank kusugal branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of KVG Bank MICR codes for kusugal 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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