Kotak Bank Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Kotak Bank Bangalore Bangalore Urban Karnataka

Bank
State
District
City
Branch
Address

MICR Code	560485007
Bank	Kotak Mahindra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bangalore Banasankari
Contact	(080) 66957908
Bank Details	Kotak Mahindra Bank Bangalore Banasankari KKBK0000427

Location	Bangalore, Bangalore Urban
City	Bangalore
District	Bangalore Urban
State	Karnataka
Pincode	560050
Country	IN
Address	Kotak mahindra bank ltd., shop no 58 & 59 sree bhavani housing co t block banashankari kathriguppe bangalore - 560085

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.

How does MICR code 560485007 for Bangalore Banasankari branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 560485007 of Kotak Mahindra Bank, Bangalore Banasankari branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Bangalore Banasankari branch, makes the characters readable even if there are other marks and stamps on it.

A total of 57 branches of Kotak Mahindra Bank are available with micr code -

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MICR code for Kotak Bank Bangalore Banasankari

Kotak Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Kotak Mahindra Bank MICR code for Bangalore Banasankari is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 560485007 is the MICR code of Kotak Bank for Bangalore Banasankari branch. MICR code for Bangalore Banasankari branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Kotak Mahindra Bank Bangalore Banasankari is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Bangalore Banasankari branch in bangalore

The MICR code 560485007 is used in RBI cheque clearing process to identify the branch Bangalore Banasankari and Kotak Mahindra Bank bank for clearing processes. The MICR characters, which are printed 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. MICR code of Kotak Bank is typically in either of these two font’s: E-138 and CMC-7.

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