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Karur Vysya Bank Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Karur Vysya Bank Delhi New Delhi New Delhi

MICR Code
Bank Karur Vysya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch New Delhi Karolbagh
Contact 24/7 Phone Helpline - 1860 200 1916, Website - Www.Kvb.Co.In
Bank Details Karur Vysya Bank New Delhi Karolbagh KVBL0004101
Location Delhi, New Delhi
City Delhi
District New Delhi
State New Delhi
Pincode 110006
Country IN
Address P.b.no. 2527 poonam chambers,xvi/2645 bank street,karolbagh-0
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 110053002 for New Delhi Karolbagh 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 110053002 of Karur Bank, New Delhi Karolbagh branch makes the system almost error free and faster. Use of Karur Bank MICR codes for New Delhi Karolbagh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Karur Vysya Bank are available with micr code -

>>Delhi Cco >>Delhi Ramesh Nagar >>New Delhi Greater Kailash >>New Delhi Karolbagh >>New Delhi Kashmere Gate >>New Delhi Lawrence Road >>New Delhi Rohini

MICR code for Karur Vysya Bank New Delhi Karolbagh

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 New Delhi Karolbagh 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. 110053002 is the MICR code of KVB for New Delhi Karolbagh branch. MICR code for New Delhi Karolbagh 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 New Delhi Karolbagh is presented in the table alongside.

Use of Karur Bank MICR code for New Delhi Karolbagh branch in delhi

The MICR code 110053002 is used in RBI cheque clearing process to identify the branch New Delhi Karolbagh 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.