Cosmos Bank Kolhapur Kolhapur Maharashtra MICR CODE

Find MICR Codes for Cosmos Bank Kolhapur Kolhapur Maharashtra

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MICR Code
Bank Cosmos Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shahupuri Kolhapur
Contact Mr Ravindra Nikam, Manager
Bank Details Cosmos Co-Op Bank Ltd Shahupuri Kolhapur COSB0000087
Location Kolhapur, Kolhapur
City Kolhapur
District Kolhapur
State Maharashtra
Pincode 416003
Country IN
Address Vasant plaza c s no 1079/kh/z e ward shahupuri rajaram road kolhapur 416003
MICR Code
Bank Cosmos Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Laxmipuri Kolhapur
Contact Mr Mench Shitalnath, Manager
Bank Details Cosmos Co-Op Bank Ltd Laxmipuri Kolhapur COSB0000088
Location Kolhapur, Kolhapur
City Kolhapur
District Kolhapur
State Maharashtra
Pincode 416002
Country IN
Address C s no 1958/59 c ward laxmi road laxmi puri kolhapur 416002
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.

Search Cosmos Bank MICR Codes in kolhapur

You can search through MICR Codes of Maharashtra branches in kolhapur of District kolhapur in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 2 branches of Cosmos Co-Op Bank Ltd are available with micr code -

>>Laxmipuri Kolhapur >>Shahupuri Kolhapur

How to find MICR codes for Cosmos Bank in kolhapur?

Cosmos Bank kolhapur MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Cosmos Cooperative Bank MICR codes list for kolhapur, one can further search by branch name specified in the table. You can find MICR codes for all Cosmos Bank kolhapur branches.

Cosmos Cooperative Bank MICR code in kolhapur

Cosmos Bank MICR code is a character recognition technology used by banks in the processing of cheques. Cosmos Cooperative Bank MICR code for kolhapur branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Cosmos Bank branches in kolhapur, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Cosmos Bank MICR code for kolhapur branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Cosmos Bank kolhapur branch, sprinted 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. Thus MICR code for Cosmos Cooperative Bank kolhapur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Cosmos Bank MICR codes for kolhapur branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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