Karnataka Bank Soraba Shimoga Karnataka MICR CODE

Find MICR Codes for Karnataka Bank Soraba Shimoga Karnataka

MICR Code: -NA-
Bank: Karnataka Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Anavatti
Contact:
Bank Details: Karnataka Bank Ltd Anavatti KARB0000006
Location: Soraba, Shimoga
City: Soraba
District: Shimoga
State: Karnataka
Pincode: 577413
Country: IN
Address: Ist Floor,Kamakshi Kripa, Main Road, Anavatti 577 413, Soraba Taluk, Dist Shimoga
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 Anavatti 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, Anavatti branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Anavatti branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Karnataka Bank Ltd are available with micr code -

>>Anavatti >>Soraba

MICR code for Karnataka Bank Anavatti

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 Anavatti 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 Anavatti branch. MICR code for Anavatti 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 Anavatti is presented in the table alongside.

Use of Karnataka Bank MICR code for Anavatti branch in soraba

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