Karad Urban Bank Karad Satara Maharashtra MICR CODE

Find MICR Codes for Karad Urban Bank Karad Satara Maharashtra

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MICR Code	-NA-
Bank	The Karad Urban Co-Op Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Head Office
Contact	226013
Bank Details	The Karad Urban Co-Op Bank Ltd Head Office KUCB0488000

Location	Karad, Satara
City	Karad
District	Satara
State	Maharashtra
Pincode	415110
Country	IN
Address	516/2, shaniwar peth,shahu chowk, karad - 415 110.

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 Head Office 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, Head Office branch makes the system almost error free and faster. Use of Karad Urban Co Op Bank MICR codes for Head Office branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of The Karad Urban Co-Op Bank Ltd are available with micr code -

>>Guruwar Peth >>Head Office >>Malakapur >>Mangalwar Peth >>Rukhmininagar >>Sayam >>Talbhag >>Vidhyanagar

MICR code for Karad Urban Bank Head Office

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 Head Office 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 Head Office branch. MICR code for Head Office 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 Head Office is presented in the table alongside.

Use of Karad Urban Co Op Bank MICR code for Head Office branch in karad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Head Office 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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