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Karur Vysya Bank Secunderabad Hyderabad Telangana MICR CODE

Find MICR Codes for Karur Vysya Bank Secunderabad Hyderabad Telangana

MICR Code
Bank Karur Vysya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hyderabad Alwal
Contact 22654260
Bank Details Karur Vysya Bank Hyderabad Alwal KVBL0004862
Location Secunderabad, Hyderabad
City Secunderabad
District Hyderabad
State Telangana
Pincode
Country IN
Address H no 1 4 173/1/3 new no 5-72/4 satya complex ground floor loyola college road old alwal secunderabad telangana 50010
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 Hyderabad Alwal 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 Karur Bank, Hyderabad Alwal branch makes the system almost error free and faster. Use of Karur Bank MICR codes for Hyderabad Alwal branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Karur Vysya Bank are available with micr code -

>>Hyderabad Alwal

MICR code for Karur Vysya Bank Hyderabad Alwal

Karur Vysya Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Karur Bank MICR code for Hyderabad Alwal 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 KVB for Hyderabad Alwal branch. MICR code for Hyderabad Alwal 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 Karur Bank Hyderabad Alwal is presented in the table alongside.

Use of Karur Bank MICR code for Hyderabad Alwal branch in secunderabad

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