Kallappanna Awade Janata Bank Kagal Kagal Maharashtra MICR CODE

Find MICR Codes for Kallappanna Awade Janata Bank Kagal Kagal Maharashtra

MICR Code
Bank Kallappanna Awade Ich Janata S Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kagal
Contact
Bank Details Kallappanna Awade Ich Janata S Bank Kagal KAIJ0000030
Location Kagal, Kagal
City Kagal
District Kagal
State Maharashtra
Pincode 416236
Country IN
Address Plot no a/232,/1, 5 star midc, kagal hatkanangale 416236
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 416386005 for Kagal 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 416386005 of Kallappanna Awade Ichalkaranji Bank, Kagal branch makes the system almost error free and faster. Use of Kallappanna Awade Ichalkaranji Bank MICR codes for Kagal 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 -

>>Kagal

MICR code for Kallappanna Awade Janata Bank Kagal

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 Kagal 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. 416386005 is the MICR code of Kallappanna Awade Ichalkaranji Janata Bank for Kagal branch. MICR code for Kagal 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 Kagal is presented in the table alongside.

Use of Kallappanna Awade Ichalkaranji Bank MICR code for Kagal branch in kagal

The MICR code 416386005 is used in RBI cheque clearing process to identify the branch Kagal 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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