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Karnataka Bank Bantwal Dakshina Kannada Karnataka MICR CODE

Find MICR Codes for Karnataka Bank Bantwal Dakshina Kannada Karnataka

MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bc Road Bantwal Muda
Contact
Bank Details Karnataka Bank Ltd Bc Road Bantwal Muda KARB0000071
Location Bantwal, Dakshina Kannada
City Bantwal
District Dakshina Kannada
State Karnataka
Pincode 574219
Country IN
Address 1st floor, karthik complex, bantwal muda, po jodumarga, bantwal taluk 574 219
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 575052021 for Bc Road Bantwal Muda 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 575052021 of Karnataka Bank, Bc Road Bantwal Muda branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Bc Road Bantwal Muda 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 -

>>Bc Road Bantwal Muda >>Manchi

MICR code for Karnataka Bank Bc Road Bantwal Muda

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 Bc Road Bantwal Muda 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. 575052021 is the MICR code of Karnataka Bank for Bc Road Bantwal Muda branch. MICR code for Bc Road Bantwal Muda 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 Bc Road Bantwal Muda is presented in the table alongside.

Use of Karnataka Bank MICR code for Bc Road Bantwal Muda branch in bantwal

The MICR code 575052021 is used in RBI cheque clearing process to identify the branch Bc Road Bantwal Muda 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.