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Karad Urban Bank Karad Satara Maharashtra MICR CODE

Find MICR Codes for Karad Urban Bank Karad Satara Maharashtra

MICR Code
Bank The Karad Urban Co-Op Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Talbhag
Contact 222458
Bank Details The Karad Urban Co-Op Bank Ltd Talbhag KUCB0488002
Location Karad, Satara
City Karad
District Satara
State Maharashtra
Pincode 415110
Country IN
Address Plot no- 533 krishna building, shaniwar peth ,karad -415 110
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 415488353 for Talbhag 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 415488353 of Karad Urban Co Op Bank, Talbhag branch makes the system almost error free and faster. Use of Karad Urban Co Op Bank MICR codes for Talbhag branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of The Karad Urban Co-Op Bank Ltd are available with micr code -

>>Guruwar Peth >>Head Office >>Malakapur >>Mangalwar Peth >>Rukhmininagar >>Sayam >>Talbhag >>Vidhyanagar

MICR code for Karad Urban Bank Talbhag

Karad Urban Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Karad Urban Co Op Bank MICR code for Talbhag 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. 415488353 is the MICR code of Karad Urban Co-Operative Bank for Talbhag branch. MICR code for Talbhag 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 Karad Urban Co Op Bank Talbhag is presented in the table alongside.

Use of Karad Urban Co Op Bank MICR code for Talbhag branch in karad

The MICR code 415488353 is used in RBI cheque clearing process to identify the branch Talbhag and Karad Urban Co Op 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 Karad Urban Co-Operative Bank is typically in either of these two font’s: E-138 and CMC-7.