MICR Code Bank
Find MICR code for Kaveri Grameena Bank branches in India for NEFT and RTGS transfer

Kaveri Grameena Bank MICR CODE

Find MICR Codes for Kaveri Grameena Bank

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  1. Kaveri Grameena Bank »
  2. Karnataka »
  3. chikmagalur »
  4. chikmagalur »
  5. jannapura

Find MICR Codes for Kaveri Grameena Bank

MICR Code: -NA-
Bank: Kaveri Grameena Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Jannapura
Contact: 240040
Bank Details: Kaveri Grameena Bank Jannapura KGRB0000389
Location: Chikmagalur, Chikmagalur
City: Chikmagalur
District: Chikmagalur
State: Karnataka
Pincode:
Country: IN
Address: Jannapura villagemudigere taluk

How does MICR code for 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 of Kaveri Grameena Bank, branch makes the system almost error free and faster. Use of Kaveri Grameena Bank MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Kaveri Grameena Bank

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 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. is the MICR code of Kaveri Grameena Bank for branch. MICR code for 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 is presented in the table alongside.

Use of Kaveri Grameena Bank MICR code for branch in chikmagalur

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