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The Kolhapur Urban Co-Op Bank Ltd Satara Kolhapur Maharashtra MICR CODE

Find MICR Codes for The Kolhapur Urban Co-Op Bank Ltd Satara Kolhapur Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	415398351
Bank	The kolhapur 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	Malkapur Karad Branch
Contact	2164-242425
Bank Details	The kolhapur urban co-op bank ltd Malkapur Karad Branch KOLH0000021

Location	Satara, Kolhapur
City	Satara
District	Kolhapur
State	Maharashtra
Pincode	415539
Country	IN
Address	Gat no.269/1,d/4 sukhvilas palace,ground floor shop no.4,5& 6 malkapur-415539

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 415398351 for Malkapur Karad Branch 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 415398351 of The Kolhapur Urban Bank Ltd, Malkapur Karad Branch branch makes the system almost error free and faster. Use of The Kolhapur Urban Bank Ltd MICR codes for Malkapur Karad Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The kolhapur urban co-op bank ltd are available with micr code -

>>Malkapur Karad Branch

MICR code for The Kolhapur Urban Co-Op Bank Ltd Malkapur Karad Branch

The Kolhapur Urban Co-Op Bank Ltd MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. The Kolhapur Urban Bank Ltd MICR code for Malkapur Karad Branch 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. 415398351 is the MICR code of The Kolhapur Urban Co-Op Bank Ltd for Malkapur Karad Branch branch. MICR code for Malkapur Karad Branch 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 The Kolhapur Urban Bank Ltd Malkapur Karad Branch is presented in the table alongside.

Use of The Kolhapur Urban Bank Ltd MICR code for Malkapur Karad Branch branch in satara

The MICR code 415398351 is used in RBI cheque clearing process to identify the branch Malkapur Karad Branch and The Kolhapur Urban Bank Ltd 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 Kolhapur Urban Co-Op Bank Ltd is typically in either of these two font’s: E-138 and CMC-7.