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Kaveri Grameena Bank Chamarajanagara District571313 Chamarajanagara Karnataka MICR CODE

Find MICR Codes for Kaveri Grameena Bank Chamarajanagara District571313 Chamarajanagara Karnataka

MICR Code
Bank Kaveri Grameena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ro Chamarajanagara
Contact
Bank Details Kaveri Grameena Bank Ro Chamarajanagara KGRB0000507
Location Chamarajanagara District571313, Chamarajanagara
City Chamarajanagara District571313
District Chamarajanagara
State Karnataka
Pincode
Country IN
Address 1st cross, shankarpura,near shri ram mandir
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 Ro Chamarajanagara 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, Ro Chamarajanagara branch makes the system almost error free and faster. Use of Kaveri Grameena Bank MICR codes for Ro Chamarajanagara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Kaveri Grameena Bank are available with micr code -

>>Ro Chamarajanagara

MICR code for Kaveri Grameena Bank Ro Chamarajanagara

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 Ro Chamarajanagara 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 Ro Chamarajanagara branch. MICR code for Ro Chamarajanagara 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 Ro Chamarajanagara is presented in the table alongside.

Use of Kaveri Grameena Bank MICR code for Ro Chamarajanagara branch in chamarajanagara district571313

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ro Chamarajanagara 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.