Kotak Bank Ahmednagar Ahmednagar Maharashtra MICR CODE

Find MICR Codes for Kotak Bank Ahmednagar Ahmednagar Maharashtra

MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ahmednagar
Contact (0241) 6614278
Bank Details Kotak Mahindra Bank Ahmednagar KKBK0000695
Location Ahmednagar, Ahmednagar
City Ahmednagar
District Ahmednagar
State Maharashtra
Pincode 414003
Country IN
Address Kotak mahindra bank ltd. Ground floor of hotel oberoi, nagar manmad road, savedi, ahmednagar-414003
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

Search Kotak Bank MICR Codes in ahmednagar

You can search through MICR Codes of Maharashtra branches in ahmednagar of District ahmednagar in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Kotak Mahindra Bank are available with micr code -

>>Ahmednagar

How to find MICR codes for Kotak Bank in ahmednagar?

Kotak Bank ahmednagar MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Kotak Mahindra Bank MICR codes list for ahmednagar, one can further search by branch name specified in the table. You can find MICR codes for all Kotak Bank ahmednagar branches.

Kotak Mahindra Bank MICR code in ahmednagar

Kotak Bank MICR code is a character recognition technology used by banks in the processing of cheques. Kotak Mahindra Bank MICR code for ahmednagar branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Kotak Bank branches in ahmednagar, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Kotak Bank MICR code for ahmednagar branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Kotak Bank ahmednagar branch, sprinted using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. Thus MICR code for Kotak Mahindra Bank ahmednagar branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Kotak Bank MICR codes for ahmednagar branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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