Ajara Urban Co-operative Bank Karad
Karad · Karad, Maharashtra
415394355 is the MICR code for the Karad branch of Ajara Urban Co-operative Bank, located in Karad, Maharashtra. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code AJAR0000026.
Bank
Ajara Urban Co-operative Bank
Branch & Address
Karad
Plot no 81, Bhumi Towers, Cs No.111, B Near Prabhat Talkies, Budhawar Peth, Kasabe Karad Tal Karad
Karad, Karad, Maharashtra
Contact
+912164222055MICR Code Structure
415
City
394
Bank
355
Branch
City code 415 identifies the RBI clearing centre, bank code 394 identifies Ajara Urban Co-operative Bank, and branch code 355 identifies this specific branch.
Online Payment Methods Supported
Other Ajara Urban Co-operative Bank branches near Karad
Other banks in Karad, Maharashtra
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (AJAR0000026) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 415394355 is in the middle, and your account number is on the right.