Karnataka Bank Na Chickmagalur Karnataka MICR CODE

Find MICR Codes for Karnataka Bank Na Chickmagalur Karnataka

MICR Code: -NA-
Bank: Karnataka Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Ajjampura
Contact:
Bank Details: Karnataka Bank Ltd Ajjampura KARB0000004
Location: Na, Chickmagalur
City: Na
District: Chickmagalur
State: Karnataka
Pincode: 577547
Country: IN
Address: 1st Floor,Ananda Nilaya,T.H Road,D No200 By 2,Tarikere Taluk,Ajjampura-577547
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 Ajjampura 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 Karnataka Bank, Ajjampura branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Ajjampura branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Karnataka Bank Ltd are available with micr code -

>>Ajjampura >>Antharagatte >>Begar >>Chowlahiriyur >>Hariharapura >>Kammardi >>Kudregundi >>Melpal >>Narve >>Niduvale >>Shirvase >>Tarikere

MICR code for Karnataka Bank Ajjampura

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

Use of Karnataka Bank MICR code for Ajjampura branch in na

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