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The Ajara Urban Co Op Bank Ltd Ajara Kadagaon Kolhapur Maharashtra MICR CODE

Find MICR Codes for The Ajara Urban Co Op Bank Ltd Ajara Kadagaon Kolhapur Maharashtra

MICR Code
Bank The Ajara Urban Co op Bank Ltd Ajara
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kadagaon
Contact
Bank Details The Ajara Urban Co op Bank Ltd Ajara Kadagaon AJAR0000029
Location Kadagaon, Kolhapur
City Kadagaon
District Kolhapur
State Maharashtra
Pincode
Country IN
Address Milkat no.610,csn no.216,patgaon road kadgaon,tal-bhudargad
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 Kadagaon 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 Ajara Bank, Kadagaon branch makes the system almost error free and faster. Use of Ajara Bank MICR codes for Kadagaon branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Kadagaon

MICR code for The Ajara Urban Co Op Bank Ltd Ajara Kadagaon

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

Use of Ajara Bank MICR code for Kadagaon branch in kadagaon

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kadagaon and Ajara 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 The Ajara Urban Co Op Bank Ltd Ajara is typically in either of these two font’s: E-138 and CMC-7.