Hutatma Bank Kolhapur Kolhapur Maharashtra MICR CODE

Find MICR Codes for Hutatma Bank Kolhapur Kolhapur Maharashtra

↻ Reload
MICR Code
Bank Hutatma Sahakari Bank Limited
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gokul Shirgaon
Contact 2342-267881
Bank Details Hutatma Sahakari Bank Limited Gokul Shirgaon HUSB0000020
Location Kolhapur, Kolhapur
City Kolhapur
District Kolhapur
State Maharashtra
Pincode 416234
Country IN
Address Ground floor,city sarvey no.141,near kaman pincode-416234
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 Gokul Shirgaon 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 Hutatma Sahakari Bank, Gokul Shirgaon branch makes the system almost error free and faster. Use of Hutatma Sahakari Bank MICR codes for Gokul Shirgaon branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Hutatma Sahakari Bank Limited are available with micr code -

>>Gokul Shirgaon >>Kolhapur >>Peth Vadgaon >>Service Center

MICR code for Hutatma Bank Gokul Shirgaon

Hutatma Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Hutatma Sahakari Bank MICR code for Gokul Shirgaon 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 Hutatma Bank for Gokul Shirgaon branch. MICR code for Gokul Shirgaon 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 Hutatma Sahakari Bank Gokul Shirgaon is presented in the table alongside.

Use of Hutatma Sahakari Bank MICR code for Gokul Shirgaon branch in kolhapur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gokul Shirgaon and Hutatma Sahakari 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 Hutatma Bank is typically in either of these two font’s: E-138 and CMC-7.

Copied!