Ajara Urban Co-operative Bank Gokul Shirgaon
Gokul Shirgaon · Kolhapur, Maharashtra
416394005 is the MICR code for the Gokul Shirgaon branch of Ajara Urban Co-operative Bank, located in Kolhapur, 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 AJAR0000025.
Bank
Ajara Urban Co-operative Bank
Branch & Address
Gokul Shirgaon
Gokul Shirgaon Manufacturing Association, New Building, Plot No.p-40, Ground Floor, Midc, Gokul Shirgaon, Tal Karveer
Kolhapur, Gokul Shirgaon, Maharashtra
Contact
+912312671067MICR Code Structure
416
City
394
Bank
005
Branch
City code 416 identifies the RBI clearing centre, bank code 394 identifies Ajara Urban Co-operative Bank, and branch code 005 identifies this specific branch.
Online Payment Methods Supported
Other Ajara Urban Co-operative Bank branches near Kolhapur
Other banks in Kolhapur, 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 (AJAR0000025) 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 416394005 is in the middle, and your account number is on the right.