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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	Shahupuri
Contact	250035
Bank Details	The Karad Urban Co-Op Bank Ltd Shahupuri KUCB0488069

Location	Satara, Satara
City	Satara
District	Satara
State	Maharashtra
Pincode	415002
Country	IN
Address	81, ramnagar, pawar colony, shahupuri, satara 415002

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 Shahupuri 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, Shahupuri branch makes the system almost error free and faster. Use of Karad Urban Co Op Bank MICR codes for Shahupuri 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 -

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MICR code for Karad Urban Bank Shahupuri

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 Shahupuri 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 Shahupuri branch. MICR code for Shahupuri 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 Shahupuri is presented in the table alongside.

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

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