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Karur Vysya Bank New Mumbai Thane Maharashtra MICR CODE

Find MICR Codes for Karur Vysya Bank New Mumbai Thane Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	400053005
Bank	Karur Vysya Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mumbai Vashi Ec
Contact	24/7 Phone Helpline - 1860 200 1916, Website - Www.Kvb.Co.In
Bank Details	Karur Vysya Bank Mumbai Vashi Ec KVBL0002104

Location	New Mumbai, Thane
City	New Mumbai
District	Thane
State	Maharashtra
Pincode	400705
Country	IN
Address	Icl high school, sector 15/16, vashi, navi mumbai, 400705.

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 400053005 for Mumbai Vashi Ec 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 400053005 of Karur Bank, Mumbai Vashi Ec branch makes the system almost error free and faster. Use of Karur Bank MICR codes for Mumbai Vashi Ec branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Karur Vysya Bank are available with micr code -

>>Mumbai Nerul >>Mumbai Vashi Ec >>Vashi Navi Mumbai

MICR code for Karur Vysya Bank Mumbai Vashi Ec

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 Mumbai Vashi Ec 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. 400053005 is the MICR code of KVB for Mumbai Vashi Ec branch. MICR code for Mumbai Vashi Ec 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 Mumbai Vashi Ec is presented in the table alongside.

Use of Karur Bank MICR code for Mumbai Vashi Ec branch in new mumbai

The MICR code 400053005 is used in RBI cheque clearing process to identify the branch Mumbai Vashi Ec 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.