MICR Code Bank
Find MICR code for Karad Urban Bank branches in India for NEFT and RTGS transfer

Karad Urban Bank MICR CODE

Find MICR Codes for Karad Urban Bank

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  1. The Karad Urban Co-Op Bank Ltd »
  2. Maharashtra »
  3. satara »
  4. nagthane »
  5. nagthane

Find MICR Codes for Karad Urban Bank

MICR Code: -NA-
Bank: The Karad Urban Co-Op Bank Ltd
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Nagthane
Contact: 265121
Bank Details: The Karad Urban Co-Op Bank Ltd Nagthane KUCB0488016
Location: Nagthane, Satara
City: Nagthane
District: Satara
State: Maharashtra
Pincode: 415519
Country: IN
Address: S.s.no- 907, ninam padali road ,nagthane tal-satara

How does MICR code for 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 of Karad Urban Co Op Bank, branch makes the system almost error free and faster. Use of Karad Urban Co Op Bank MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Karad Urban Co-Op Bank Ltd are available with micr code

>>Nagthane

MICR code for Karad Urban Bank

Karad Urban Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Karad Urban Co Op Bank MICR code for 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. is the MICR code of Karad Urban Co-Operative Bank for branch. MICR code for 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 Karad Urban Co Op Bank is presented in the table alongside.

Use of Karad Urban Co Op Bank MICR code for branch in nagthane

The MICR code is used in RBI cheque clearing process to identify the branch and Karad Urban Co Op 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 Karad Urban Co-Operative Bank is typically in either of these two font’s: E-138 and CMC-7.