Let Others Know
×
LinkedIn
Email
WhatsApp

Kaveri Grameena Bank Ramanagara District562139 Ramanagara Karnataka MICR CODE

Find MICR Codes for Kaveri Grameena Bank Ramanagara District562139 Ramanagara Karnataka

MICR Code
Bank Kaveri Grameena Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ro Ramanagara
Contact
Bank Details Kaveri Grameena Bank Ro Ramanagara KGRB0000509
Location Ramanagara District562139, Ramanagara
City Ramanagara District562139
District Ramanagara
State Karnataka
Pincode
Country IN
Address Shreya,1612,next to punjab national bank,near bgs rotary hospital,bm road,vivekananda nagara,ramanagara
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 Ramanagara 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 Ramanagara branch makes the system almost error free and faster. Use of Kaveri Grameena Bank MICR codes for Ro Ramanagara 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 Ramanagara

MICR code for Kaveri Grameena Bank Ro Ramanagara

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

Use of Kaveri Grameena Bank MICR code for Ro Ramanagara branch in ramanagara district562139

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