Karad Urban Bank Umbraj Satara Maharashtra MICR CODE

Find MICR Codes for Karad Urban Bank Umbraj Satara 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 Umbraj
Contact 264045
Bank Details The Karad Urban Co-Op Bank Ltd Umbraj KUCB0488005
Location Umbraj, Satara
City Umbraj
District Satara
State Maharashtra
Pincode 415109
Country IN
Address S.no- 812, wakde building, " janaidevi sankul ", 1 st floor , umbraj - 415 109
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 Umbraj 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, Umbraj branch makes the system almost error free and faster. Use of Karad Urban Co Op Bank MICR codes for Umbraj 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 -

>>Umbraj

MICR code for Karad Urban Bank Umbraj

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 Umbraj 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 Umbraj branch. MICR code for Umbraj 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 Umbraj is presented in the table alongside.

Use of Karad Urban Co Op Bank MICR code for Umbraj branch in umbraj

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