IFSC and MICR Code For The Karad Urban Cooperative Bank Limited Nagthane

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The Karad Urban Cooperative Bank Limited
Maharashtra
Maharashtra
Satara
Karad
Kolhapur
Mumbai
Pune
Raigad
Ratnagiri
Sangli
Satara
Solapur
Nagthane
Tamjainagar Karanje
Shahupuri
Shahunagar Godoli
Shahunagar Shendre
Yadogopal Peth
Krushnanagar
Market Yard
Sadashiv Peth
Nagthane
Apashinge
Shivraj Petrol Pump
Visava Camp
Powai Naka
Rtgs Ho
Sadar Bazar
Mangalwar Peth
Rukhmininagar
Rahimatpur
Kale
Sangli City
Islampur
Mhaswad
Nagthane
Phaltan
Pusegaon
Powai Naka
Malhar Peth
Malakapur
Dahiwadi
Vaduj
Koregaon
Sayam
Vidhyanagar
Umbraj
Masur
Satara City
Talbhag
Guruwar Peth
Head Office
IFSC Code KUCB0488061  
BankTHE KARAD URBAN COOPERATIVE BANK LIMITEDTHE KARAD URBAN COOPERATIVE BANK LIMITED
AddressAT POST NAGTHANE, SATARA - 415519
CitySATARA
StateMAHARASHTRA
BranchNAGTHANE
Phone Nuber265690
Branch Code488070
Micr CodeNA
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About The Karad Urban Cooperative Bank Limited

The Karad Urban Cooperative Bank Limited, , Nagthane IFSC code is KUCB0488061 & its MICR code is NA. Find The Karad Urban Cooperative Bank Limited, , Nagthane new address, contact details and branch code below

Also explore and search bank details, IFSC code and MICR code with Homes247 tool for The Karad Urban Cooperative Bank Limited IFSC codes

NEFT

National Electronic Funds Transfer

IMPS

Immediate Payment Service

RTGS

Real-Time Gross Settlement

IFSC codes in India are used for these three primary services. IFSC also helps in the Unified Payments Interface or UPI payment system as well.

An example of an IFSC Code will be SBIN0000AABB. Where the first four denote the bank, in this instance, SBI, and the last would be the branch.

How to find out the IFSC code?

One of the simplest ways to find out the IFSC code is by searching online. You can quickly source the branch codes through the reserve bank's official website or the bank's official website. It can also be found on the bank cheques or bank passbooks.

Advantage of IFSC codes?

IFSC code helps identify the right branches and banks, thereby eradicating errors.

What is MICR?

MICR, or Magnetic Ink Character Recognition, is a code that helps in processing the cheques faster by identifying the particular bank branch through Electronic Clearing System or ECR. MICR is printed on the cheques issued by the banks.

What is the structure of the MICR code?

MICR code contains 9 digits where the first three signifies the city, the second three digits indicates the bank (bank code), and the final three indicates the bank branch

What are the major differences between a IFSC code and MICR code?
IFSC CodeMICR Code
The purpose of IFSC code is to help facilitate electronic transfer of fundsMICR code's purpose is to process cheques faster through ECR
IFSC codes has 11 alpha numeric charactersMICR has 9 digit code
The first 4 characters of IFSC is the Bank's codeThe bank is signified by the 4th, 5th and 6th digits of the code

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Most Frequently Asked Questions?

Let's Explore the Most Frequently Asked Questions on IFSC & MICR

Indian Financial System Code is the expanded form of the IFSC code.

We can identify the Bank from the first 4 characters of the IFSC code.

An IFSC code contains alphanumeric characters.

An IFSC code contains alphanumeric characters.

The major parts of the IFSC code are the bank code and branch code.

A SWIFT code is used for transferring funds on an International level.

The major electronic payment systems in India are NEFT, RTGS, IMPS, and UPI.

The Reserve Bank of India provides a unique 11-digit IFSC code to the banks.

There is no minimum amount you can transfer under NEFT under retail banking and corporate banking

The maximum amount you can transfer under NEFT under retail banking is INR 5 Lakhs and in corporate banking it is INR 50 lakhs for Vyapaar/trade and INR 500 crores under Vistaar.

INR 2 lakhs is the amount you can transfer under RTGS under retail banking.

The maximum amount you can transfer under RTGS under retail banking is INR 5 Lakhs and in corporate banking it is INR 50 lakhs for Vyapaar/trade and INR 500 crores under Vistaar.

In a vast country like India, there are numerous cities and towns with the same name, some of them even in the same district. Thus to correctly identify the right or the proper branch, IFSC codes can help out easily by dedicating a specific code for each branch.

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