| MICR CODE | 400052028 |
|---|---|
| Bank | Karnataka Bank Limited |
| Branch | Navi Mumbai Kharghar |
| IFSC Code | IFSC Code Karnataka Bank Limited |
| Address | Ground Floor, Shop No 10,11,12 & 13, Plot No 50 & 51, Sector 15, Millenium Icon, Kharghar, Navi Mumbai 401210, Panvel Taluk |
| City | Kharghar |
| State | Maharashtra |
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Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.
MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).