| MICR CODE | 416176522 |
|---|---|
| Bank | Rbl Bank Limited |
| Branch | Akkiwat |
| IFSC Code | IFSC Code Rbl Bank Limited |
| Address | The Ratnakar Bank Ltd,c/o Mr. Dhanpal J. Kallanavar,a/p Akkiwat,tal. Shirol, Dist. Kolhapur,pin. - 416 108 |
| City | Kolhapur |
| 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).