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

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

MICR Code
Bank The kolhapur urban co-op bank ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ratnagiri Branch
Contact 2325-222344
Bank Details The kolhapur urban co-op bank ltd Ratnagiri Branch KOLH0000015
Location Ratnagiri, Kolhapur
City Ratnagiri
District Kolhapur
State Maharashtra
Pincode
Country IN
Address Dys plaza,near hotel carnival,maruti mandir,ratanagiri
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.

Search The Kolhapur Urban Co-Op Bank Ltd MICR Codes in kolhapur

You can search through MICR Codes of Maharashtra branches in ratnagiri of District kolhapur in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

The kolhapur urban co-op bank ltd branches with micr codes are available in 4 cities-

>>Ohpr >>Pune >>Ratnagiri >>Satara

How to find MICR codes for The Kolhapur Urban Co-Op Bank Ltd in ratnagiri?

The Kolhapur Urban Co-Op Bank Ltd ratnagiri MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From The Kolhapur Urban Bank Ltd MICR codes list for ratnagiri, one can further search by branch name specified in the table. You can find MICR codes for all The Kolhapur Urban Co-Op Bank Ltd ratnagiri branches.

The Kolhapur Urban Bank Ltd MICR code in ratnagiri

The Kolhapur Urban Co-Op Bank Ltd MICR code is a character recognition technology used by banks in the processing of cheques. The Kolhapur Urban Bank Ltd MICR code for ratnagiri branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for The Kolhapur Urban Co-Op Bank Ltd branches in ratnagiri, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does The Kolhapur Urban Co-Op Bank Ltd MICR code for ratnagiri branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a The Kolhapur Urban Co-Op Bank Ltd ratnagiri branch, sprinted 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. Thus MICR code for The Kolhapur Urban Bank Ltd ratnagiri branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of The Kolhapur Urban Co-Op Bank Ltd MICR codes for ratnagiri branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!