Kallappanna Awade Janata Bank Kolhapur Akiwat Maharashtra MICR CODE

Find MICR Codes for Kallappanna Awade Janata Bank Kolhapur Akiwat Maharashtra

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MICR Code
Bank Kallappanna Awade Ich Janata S Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Akiwat
Contact 91-9373123033
Bank Details Kallappanna Awade Ich Janata S Bank Akiwat KAIJ0000049
Location Kolhapur, Akiwat
City Kolhapur
District Akiwat
State Maharashtra
Pincode 416106
Country IN
Address Grampanchyat milkat no. 1937/1, survey no. 27, main road, akiwat, taluka - shirol, dist - kolhapur 416106
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 Akiwat 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 Kallappanna Awade Ichalkaranji Bank, Akiwat branch makes the system almost error free and faster. Use of Kallappanna Awade Ichalkaranji Bank MICR codes for Akiwat branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Kallappanna Awade Ich Janata S Bank are available with micr code -

>>Akiwat

MICR code for Kallappanna Awade Janata Bank Akiwat

Kallappanna Awade Janata Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Kallappanna Awade Ichalkaranji Bank MICR code for Akiwat 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 Kallappanna Awade Ichalkaranji Janata Bank for Akiwat branch. MICR code for Akiwat 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 Kallappanna Awade Ichalkaranji Bank Akiwat is presented in the table alongside.

Use of Kallappanna Awade Ichalkaranji Bank MICR code for Akiwat branch in kolhapur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Akiwat and Kallappanna Awade Ichalkaranji 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 Kallappanna Awade Ichalkaranji Janata Bank is typically in either of these two font’s: E-138 and CMC-7.

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