Karad Urban Bank Pune Baramati Maharashtra MICR CODE

Find MICR Codes for Karad Urban Bank Pune Baramati Maharashtra

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MICR Code
Bank The Karad Urban Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Baramati
Contact 0-9112200602
Bank Details The Karad Urban Co-Op Bank Ltd Baramati KUCB0488075
Location Pune, Baramati
City Pune
District Baramati
State Maharashtra
Pincode
Country IN
Address Spandan building,gate no.109/1/a/2,gala no.1 and 2,ground floor,ring road,opposite to samyak cloth shop,baramati,district-pune
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 0 for Baramati 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 0 of Karad Urban Co Op Bank, Baramati branch makes the system almost error free and faster. Use of Karad Urban Co Op Bank MICR codes for Baramati branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Karad Urban Co-Op Bank Ltd are available with micr code -

>>Baramati

MICR code for Karad Urban Bank Baramati

Karad Urban Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Karad Urban Co Op Bank MICR code for Baramati 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. 0 is the MICR code of Karad Urban Co-Operative Bank for Baramati branch. MICR code for Baramati 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 Karad Urban Co Op Bank Baramati is presented in the table alongside.

Use of Karad Urban Co Op Bank MICR code for Baramati branch in pune

The MICR code 0 is used in RBI cheque clearing process to identify the branch Baramati and Karad Urban Co Op 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 Karad Urban Co-Operative Bank is typically in either of these two font’s: E-138 and CMC-7.

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