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 Malkapur Karad Branch 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. 415398351 is the MICR code of The Kolhapur Urban Co-Op Bank Ltd for Malkapur Karad Branch branch. MICR code for Malkapur Karad Branch 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 Malkapur Karad Branch is presented in the table alongside.
The MICR code 415398351 is used in RBI cheque clearing process to identify the branch Malkapur Karad Branch 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.