Karur Vysya Bank Indore Indore Madhya Pradesh MICR CODE

Find MICR Codes for Karur Vysya Bank Indore Indore Madhya Pradesh

MICR Code
Bank Karur Vysya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Indore
Contact 24/7 Phone Helpline - 1860 200 1916, Website - Www.Kvb.Co.In
Bank Details Karur Vysya Bank Indore KVBL0002301
Location Indore, Indore
City Indore
District Indore
State Madhya Pradesh
Pincode 452001
Country IN
Address 2-b rajgarh kothi,a.b.road,indore-452001
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 indore

You can search through MICR Codes of Madhya Pradesh branches in indore of District indore in Madhya Pradesh 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 -

>>Indore

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

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

Karur Bank MICR code in indore

Karur Vysya Bank MICR code is a character recognition technology used by banks in the processing of cheques. Karur Bank MICR code for indore 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 indore, 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 indore 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 indore 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 indore branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of KVB MICR codes for indore branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

Copied!