| MICR CODE | 415052001 |
|---|---|
| Bank | Karnataka Bank Limited |
| Branch | Satara |
| IFSC Code | IFSC Code Karnataka Bank Limited |
| Address | 531/a/1a,yashodhan Complex,opp.y C Science College,kolhapur Road,sadar Bazar,satara, Pin - 415001 |
| City | Satara |
| State | Maharashtra |
Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.
MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).