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Karnataka Bank Soraba Shimoga Karnataka MICR CODE

Find MICR Codes for Karnataka Bank Soraba Shimoga Karnataka

MICR Code
Bank Karnataka Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Soraba
Contact 08184-272078
Bank Details Karnataka Bank Ltd Soraba KARB0000744
Location Soraba, Shimoga
City Soraba
District Shimoga
State Karnataka
Pincode 577429
Country IN
Address "divyadarshan nilaya", main road, soraba - 577429, soraba taluk, shimoga district
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 577052562 for Soraba 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 577052562 of Karnataka Bank, Soraba branch makes the system almost error free and faster. Use of Karnataka Bank MICR codes for Soraba 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 Soraba

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 Soraba 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. 577052562 is the MICR code of Karnataka Bank for Soraba branch. MICR code for Soraba 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 Soraba is presented in the table alongside.

Use of Karnataka Bank MICR code for Soraba branch in soraba

The MICR code 577052562 is used in RBI cheque clearing process to identify the branch Soraba 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.