Karur Vysya Bank Palasa Srikakulam Andhra Pradesh MICR CODE

Find MICR Codes for Karur Vysya Bank Palasa Srikakulam Andhra Pradesh

MICR Code
Bank Karur Vysya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Palasa
Contact 24/7 Phone Helpline - 1860 200 1916, Website - Www.Kvb.Co.In
Bank Details Karur Vysya Bank Palasa KVBL0001486
Location Palasa, Srikakulam
City Palasa
District Srikakulam
State Andhra Pradesh
Pincode 532221
Country IN
Address Palasa cashew manufactures association bulg,indira chowk, main road
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 srikakulam

You can search through MICR Codes of Andhra Pradesh branches in palasa of District srikakulam in Andhra 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 -

>>Palasa

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

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

Karur Bank MICR code in palasa

Karur Vysya Bank MICR code is a character recognition technology used by banks in the processing of cheques. Karur Bank MICR code for palasa 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 palasa, 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 palasa 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 palasa 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 palasa branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of KVB MICR codes for palasa 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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