MICR Code Bank
Find MICR code for Karur Vysya Bank branches in India for NEFT and RTGS transfer

Karur Vysya Bank MICR CODE

Find MICR Codes for Karur Vysya Bank

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  1. Karur Vysya Bank »
  2. Karnataka »
  3. banagalore »
  4. bangalore »
  5. asset recovery branch bangalore

Find MICR Codes for Karur Vysya Bank

MICR Code: -NA-
Bank: Karur Vysya Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Asset Recovery Branch Bangalore
Contact: 422-2227779
Bank Details: Karur Vysya Bank Asset Recovery Branch Bangalore KVBL0001361
Location: Bangalore, Banagalore
City: Bangalore
District: Banagalore
State: Karnataka
Pincode:
Country: IN
Address: Urban no 6, 2nd floor, vasavi temple road, sajjana circle, v.v.puram, bangalore

How does MICR code for 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 of Karur Bank, branch makes the system almost error free and faster. Use of Karur Bank MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Karur Vysya Bank are available with micr code

>>Asset Recovery Branch Bangalore

MICR code for Karur Vysya Bank

Karur Vysya Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Karur Bank MICR code for 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. is the MICR code of KVB for branch. MICR code for 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 Karur Bank is presented in the table alongside.

Use of Karur Bank MICR code for branch in bangalore

The MICR code is used in RBI cheque clearing process to identify the branch and Karur 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 KVB is typically in either of these two font’s: E-138 and CMC-7.