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Karnataka Bank Na Anantpur Andhra Pradesh MICR CODE

Find MICR Codes for Karnataka Bank Na Anantpur Andhra Pradesh

MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bommanhal
Contact
Bank Details Karnataka Bank Ltd Bommanhal KARB0000092
Location Na, Anantpur
City Na
District Anantpur
State Andhra Pradesh
Pincode 515871
Country IN
Address 1st floor,bellary kanekal road,kanekal s.o,bommanhal post-515871,ananthapur dist
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 Bommanhal 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, Bommanhal branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Bommanhal 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 -

>>Agali >>Bommanhal

MICR code for Karnataka Bank Bommanhal

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

Use of Karnataka Bank MICR code for Bommanhal branch in na

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