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Kaveri Grameena Bank Tumakuru Tumakuru Karnataka MICR CODE

Find MICR Codes for Kaveri Grameena Bank Tumakuru Tumakuru Karnataka

MICR Code
Bank Kaveri Grameena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gokula Extn
Contact 2285070
Bank Details Kaveri Grameena Bank Gokula Extn KGRB0000345
Location Tumakuru, Tumakuru
City Tumakuru
District Tumakuru
State Karnataka
Pincode
Country IN
Address 80 feet buddi hally main road,gokul extensiontumakuru taluk
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 Gokula Extn 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 Kaveri Grameena Bank, Gokula Extn branch makes the system almost error free and faster. Use of Kaveri Grameena Bank MICR codes for Gokula Extn branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Kaveri Grameena Bank Gokula Extn

Kaveri Grameena Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Kaveri Grameena Bank MICR code for Gokula Extn 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 Kaveri Grameena Bank for Gokula Extn branch. MICR code for Gokula Extn 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 Kaveri Grameena Bank Gokula Extn is presented in the table alongside.

Use of Kaveri Grameena Bank MICR code for Gokula Extn branch in tumakuru

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gokula Extn and Kaveri Grameena 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 Kaveri Grameena Bank is typically in either of these two font’s: E-138 and CMC-7.