The Ajara Urban Co Op Bank Ltd Ajara Tarale Kolhapur Maharashtra MICR CODE

Find MICR Codes for The Ajara Urban Co Op Bank Ltd Ajara Tarale Kolhapur Maharashtra

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MICR Code
Bank The Ajara Urban Co op Bank Ltd Ajara
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Tarale
Contact
Bank Details The Ajara Urban Co op Bank Ltd Ajara Tarale AJAR0000014
Location Tarale, Kolhapur
City Tarale
District Kolhapur
State Maharashtra
Pincode
Country IN
Address Bazar peth,tal radhanagari
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 Tarale 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 Ajara Bank, Tarale branch makes the system almost error free and faster. Use of Ajara Bank MICR codes for Tarale branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Tarale

MICR code for The Ajara Urban Co Op Bank Ltd Ajara Tarale

The Ajara Urban Co Op Bank Ltd Ajara MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Ajara Bank MICR code for Tarale 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 The Ajara Urban Co Op Bank Ltd Ajara for Tarale branch. MICR code for Tarale 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 Ajara Bank Tarale is presented in the table alongside.

Use of Ajara Bank MICR code for Tarale branch in tarale

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

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