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	416398006
Bank	The kolhapur 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	Market Yard Branch
Contact	231-2657731
Bank Details	The kolhapur urban co-op bank ltd Market Yard Branch KOLH0000006

Location	Ohpr, Kolhapur
City	Ohpr
District	Kolhapur
State	Maharashtra
Pincode	416005
Country	IN
Address	Shri shahu market yard,kolhapur.416005

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 416398006 for Market Yard Branch 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 416398006 of The Kolhapur Urban Bank Ltd, Market Yard Branch branch makes the system almost error free and faster. Use of The Kolhapur Urban Bank Ltd MICR codes for Market Yard Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 18 branches of The kolhapur urban co-op bank ltd are available with micr code -

>>Bambawde Branch >>Gargoti Branch >>Gokul Shirgaon Branch >>Head Office >>Jarag Nagar Branch >>Kale Branch >>Khasbag Branch >>Main Branch >>Market Yard Branch >>Midc Shiroli P Branch >>Mudshingi Gandhinagar Branch >>Nagala Park Branch >>New Shahupuri Branch >>Rajarampuri Branch >>Sane Guruji Branch >>Service Centre >>Subhash Road Branch >>Unchgaon Branch

MICR code for The Kolhapur Urban Co-Op Bank Ltd Market Yard Branch

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 Market Yard 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. 416398006 is the MICR code of The Kolhapur Urban Co-Op Bank Ltd for Market Yard Branch branch. MICR code for Market Yard 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 Market Yard Branch is presented in the table alongside.

Use of The Kolhapur Urban Bank Ltd MICR code for Market Yard Branch branch in ohpr

The MICR code 416398006 is used in RBI cheque clearing process to identify the branch Market Yard 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.

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