Let Others Know

Karad Urban Bank Satara Satara Maharashtra MICR CODE

Find MICR Codes for Karad Urban Bank Satara Satara Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	The Karad 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	Nagthane
Contact	265690
Bank Details	The Karad Urban Co-Op Bank Ltd Nagthane KUCB0488061

Location	Satara, Satara
City	Satara
District	Satara
State	Maharashtra
Pincode	415519
Country	IN
Address	At post nagthane, satara - 415519

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

A total of 16 branches of The Karad Urban Co-Op Bank Ltd are available with micr code -

>>Apashinge >>Krushnanagar >>Market Yard >>Nagthane >>Powai Naka >>Powai Naka >>Sadar Bazar >>Sadashiv Peth >>Satara City >>Shahunagar Godoli >>Shahunagar Shendre >>Shahupuri >>Shivraj Petrol Pump >>Tamjainagar Karanje >>Visava Camp >>Yadogopal Peth

MICR code for Karad Urban Bank Nagthane

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 Nagthane 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 Karad Urban Co-Operative Bank for Nagthane branch. MICR code for Nagthane 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 Nagthane is presented in the table alongside.

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

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nagthane 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.