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Kaveri Grameena Bank Chikmagalur District577101 Chikmagalur Karnataka MICR CODE

Find MICR Codes for Kaveri Grameena Bank Chikmagalur District577101 Chikmagalur Karnataka

MICR Code
Bank Kaveri Grameena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ro Chikamagalur
Contact
Bank Details Kaveri Grameena Bank Ro Chikamagalur KGRB0000505
Location Chikmagalur District577101, Chikmagalur
City Chikmagalur District577101
District Chikmagalur
State Karnataka
Pincode
Country IN
Address Modaala towers (next to ashraya hospital),naidu street
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 Kaveri Grameena Bank MICR Codes in chikmagalur

You can search through MICR Codes of Karnataka branches in chikmagalur district577101 of District chikmagalur in Karnataka State by using the search box or you can browse through the table using the conrols at the bottom.

Kaveri Grameena Bank branches with micr codes are available in 2 cities-

>>Chikmagalur >>Chikmagalur District577101

How to find MICR codes for Kaveri Grameena Bank in chikmagalur district577101?

Kaveri Grameena Bank chikmagalur district577101 MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Kaveri Grameena Bank MICR codes list for chikmagalur district577101, one can further search by branch name specified in the table. You can find MICR codes for all Kaveri Grameena Bank chikmagalur district577101 branches.

Kaveri Grameena Bank MICR code in chikmagalur district577101

Kaveri Grameena Bank MICR code is a character recognition technology used by banks in the processing of cheques. Kaveri Grameena Bank MICR code for chikmagalur district577101 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 Kaveri Grameena Bank branches in chikmagalur district577101, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Kaveri Grameena Bank MICR code for chikmagalur district577101 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 Kaveri Grameena Bank chikmagalur district577101 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 Kaveri Grameena Bank chikmagalur district577101 branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Kaveri Grameena Bank MICR codes for chikmagalur district577101 branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!