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Karur Vysya Bank Surat Surat Gujarat MICR CODE

Find MICR Codes for Karur Vysya Bank Surat Surat Gujarat

MICR Code
Bank Karur Vysya Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Surat
Contact 24/7 Phone Helpline - 1860 200 1916, Website - Www.Kvb.Co.In
Bank Details Karur Vysya Bank Surat KVBL0002202
Location Surat, Surat
City Surat
District Surat
State Gujarat
Pincode 395001
Country IN
Address P.b.no. 208 no. 103- 114 silver plaza complex,belgium square ring road,surat-39
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 395053002 for Surat 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 395053002 of Karur Bank, Surat branch makes the system almost error free and faster. Use of Karur Bank MICR codes for Surat 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 -

>>Neo Surat >>Surat >>Surat Um Road

MICR code for Karur Vysya Bank Surat

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 Surat 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. 395053002 is the MICR code of KVB for Surat branch. MICR code for Surat 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 Surat is presented in the table alongside.

Use of Karur Bank MICR code for Surat branch in surat

The MICR code 395053002 is used in RBI cheque clearing process to identify the branch Surat 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.