Karad Urban Co-operative Bank Ratnagiri
Ratnagiri · Ratnagiri, Maharashtra
415488017 is the MICR code for the Ratnagiri branch of Karad Urban Co-operative Bank, located in Ratnagiri, 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 KUCB0488079.
Bank
Karad Urban Co-operative Bank
Branch & Address
Ratnagiri
Samrat Shopping Centre, Gala No-1, Maruti Mandir, Kolhapur-ratnagiri Road, Ratnagiri, 415612
Ratnagiri, Ratnagiri, Maharashtra
Contact
+919112200603MICR Code Structure
415
City
488
Bank
017
Branch
City code 415 identifies the RBI clearing centre, bank code 488 identifies Karad Urban Co-operative Bank, and branch code 017 identifies this specific branch.
Online Payment Methods Supported
Other Karad Urban Co-operative Bank branches near Ratnagiri
Other banks in Ratnagiri, 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 (KUCB0488079) 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 415488017 is in the middle, and your account number is on the right.