Karur Vysya Bank Bangalore Bangalore Karnataka MICR CODE

Find MICR Codes for Karur Vysya Bank Bangalore Bangalore Karnataka

MICR Code
Bank Karur Vysya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bangalorechandra Layout
Contact
Bank Details Karur Vysya Bank Bangalorechandra Layout KVBL0001350
Location Bangalore, Bangalore
City Bangalore
District Bangalore
State Karnataka
Pincode 560040
Country IN
Address 22665914
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 0 for Bangalorechandra Layout 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 0 of Karur Bank, Bangalorechandra Layout branch makes the system almost error free and faster. Use of Karur Bank MICR codes for Bangalorechandra Layout branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Karur Vysya Bank Bangalorechandra Layout

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 Bangalorechandra Layout 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. 0 is the MICR code of KVB for Bangalorechandra Layout branch. MICR code for Bangalorechandra Layout 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 Bangalorechandra Layout is presented in the table alongside.

Use of Karur Bank MICR code for Bangalorechandra Layout branch in bangalore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bangalorechandra Layout 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.

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