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Shahu Bank Kaij Beed Maharashtra MICR CODE

Find MICR Codes for Shahu Bank Kaij Beed Maharashtra

MICR Code
Bank Shri Chhatrapati Rajarshi Shahu Urban Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kaij
Contact 9423690974 : Contact Person:Mr Pawar B.A.-Bm 2445252657
Bank Details Shri Chhatrapati Rajarshi Shahu Urban Co-Op Bank Ltd Kaij CRUB0000004
Location Kaij, Beed
City Kaij
District Beed
State Maharashtra
Pincode 431123
Country IN
Address Kanadi road, kaij, dist. Beed,state:maharashtra-431123
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 431840501 for Kaij 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 431840501 of Rajarshi Shahu Bank, Kaij branch makes the system almost error free and faster. Use of Rajarshi Shahu Bank MICR codes for Kaij branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Shri Chhatrapati Rajarshi Shahu Urban Co-Op Bank Ltd are available with micr code -

>>Kaij

MICR code for Shahu Bank Kaij

Shahu Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Rajarshi Shahu Bank MICR code for Kaij 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. 431840501 is the MICR code of Chhatrapati Rajarshi Shahu Bank for Kaij branch. MICR code for Kaij 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 Rajarshi Shahu Bank Kaij is presented in the table alongside.

Use of Rajarshi Shahu Bank MICR code for Kaij branch in kaij

The MICR code 431840501 is used in RBI cheque clearing process to identify the branch Kaij and Rajarshi Shahu 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 Chhatrapati Rajarshi Shahu Bank is typically in either of these two font’s: E-138 and CMC-7.