Karur Vysya Bank Perambalur Perambalur Tamil Nadu MICR CODE

Find MICR Codes for Karur Vysya Bank Perambalur Perambalur Tamil Nadu

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MICR Code
Bank Karur Vysya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Labbaikudikadu
Contact 422-2227779
Bank Details Karur Vysya Bank Labbaikudikadu KVBL0002015
Location Perambalur, Perambalur
City Perambalur
District Perambalur
State Tamil Nadu
Pincode 621108
Country IN
Address S f no. 93 i, jamali nagar,labbaikudikadu, kunnam tk,perambalur dist 621108,perambalur.
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 Labbaikudikadu 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, Labbaikudikadu branch makes the system almost error free and faster. Use of Karur Bank MICR codes for Labbaikudikadu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Karur Vysya Bank are available with micr code -

>>Labbaikudikadu >>Perambalur

MICR code for Karur Vysya Bank Labbaikudikadu

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 Labbaikudikadu 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 Labbaikudikadu branch. MICR code for Labbaikudikadu 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 Labbaikudikadu is presented in the table alongside.

Use of Karur Bank MICR code for Labbaikudikadu branch in perambalur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Labbaikudikadu 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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