Karur Vysya Bank Bhiwandi Thane Maharashtra MICR CODE

Find MICR Codes for Karur Vysya Bank Bhiwandi Thane Maharashtra

MICR Code
Bank Karur Vysya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhiwandi
Contact 24/7 Phone Helpline - 1860 200 1916, Website - Www.Kvb.Co.In
Bank Details Karur Vysya Bank Bhiwandi KVBL0002124
Location Bhiwandi, Thane
City Bhiwandi
District Thane
State Maharashtra
Pincode 421302
Country IN
Address Durga krupa ground floor , 223 telipada agra road, dhamankar naka
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 Karur Vysya Bank MICR Codes in thane

You can search through MICR Codes of Maharashtra branches in bhiwandi of District thane in Maharashtra 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 Karur Vysya Bank are available with micr code -

>>Bhiwandi

How to find MICR codes for Karur Vysya Bank in bhiwandi?

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

Karur Bank MICR code in bhiwandi

Karur Vysya Bank MICR code is a character recognition technology used by banks in the processing of cheques. Karur Bank MICR code for bhiwandi 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 KVB branches in bhiwandi, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does KVB MICR code for bhiwandi 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 Karur Vysya Bank bhiwandi 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 Karur Bank bhiwandi branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of KVB MICR codes for bhiwandi 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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