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Karur Vysya Bank Kurnool Kurnool Andhra Pradesh MICR CODE

Find MICR Codes for Karur Vysya Bank Kurnool Kurnool Andhra Pradesh

MICR Code
Bank Karur Vysya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kurnool
Contact 24/7 Phone Helpline - 1860 200 1916, Website - Www.Kvb.Co.In
Bank Details Karur Vysya Bank Kurnool KVBL0001405
Location Kurnool, Kurnool
City Kurnool
District Kurnool
State Andhra Pradesh
Pincode 518001
Country IN
Address P.b. No. 40 42/116a gowl street,,kurnool-518001
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 518053002 for Kurnool 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 518053002 of Karur Bank, Kurnool branch makes the system almost error free and faster. Use of Karur Bank MICR codes for Kurnool branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Karur Vysya Bank are available with micr code -

>>Allagadda >>Kadumur >>Kurnool >>Kurnool Venkataramana Colony

MICR code for Karur Vysya Bank Kurnool

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 Kurnool 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. 518053002 is the MICR code of KVB for Kurnool branch. MICR code for Kurnool 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 Kurnool is presented in the table alongside.

Use of Karur Bank MICR code for Kurnool branch in kurnool

The MICR code 518053002 is used in RBI cheque clearing process to identify the branch Kurnool 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.