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

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

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	The Ajara Urban Co op Bank Ltd Ajara
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Karve
Contact
Bank Details	The Ajara Urban Co op Bank Ltd Ajara Karve AJAR0000018

Location	Karve, Kolhapur
City	Karve
District	Kolhapur
State	Maharashtra
Pincode
Country	IN
Address	Belgavi vengurla road,tal chandgad

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 Karve 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, Karve branch makes the system almost error free and faster. Use of Ajara Bank MICR codes for Karve 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 -

>>Karve

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

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

Use of Ajara Bank MICR code for Karve branch in karve

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