there is a specification written as CAP CER 0.01UF 500V X7R 1206 and we have a part C1206C103KCRAC7800CT in inventory. please confirm if i can use this part as an alternate for the specification
That is a good match for your description.
For future reference if you ever are looking for help converting picoFarads to microFarads, DigiKey has a handy Capacitance Conversion Calculator located here.
Here is the output:
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