The Kolhapur Urban Co-Op Bank Ltd Ohpr Kolhapur Maharashtra MICR CODE

Find MICR Codes for The Kolhapur Urban Co-Op Bank Ltd Ohpr Kolhapur Maharashtra

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MICR Code
Bank The kolhapur urban co-op bank ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Head Office
Contact 231-2547242
Bank Details The kolhapur urban co-op bank ltd Head Office KOLH0000001
Location Ohpr, Kolhapur
City Ohpr
District Kolhapur
State Maharashtra
Pincode 416002
Country IN
Address 514,d ward gangawesh 1st floor 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.

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

MICR code for The Kolhapur Urban Co-Op Bank Ltd Head Office

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

Use of The Kolhapur Urban Bank Ltd MICR code for Head Office branch in ohpr

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

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