Kotak Bank Bhopal Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for Kotak Bank Bhopal Bhopal Madhya Pradesh

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhopal M.P.Nagar
Contact (0755) 4061007
Bank Details Kotak Mahindra Bank Bhopal M.P.Nagar KKBK0000753
Location Bhopal, Bhopal
City Bhopal
District Bhopal
State Madhya Pradesh
Pincode 462007
Country IN
Address Kotak mahindra bank ltd. 214, bhagwan complex, zone 1, m p nagar, bhopal, madhya pradesh - 462 016
MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhopal Prime Plaza Branch
Contact
Bank Details Kotak Mahindra Bank Bhopal Prime Plaza Branch KKBK0005886
Location Bhopal, Bhopal
City Bhopal
District Bhopal
State Madhya Pradesh
Pincode 462016
Country IN
Address Ground floor shop no g 7to12 prime plaza plot no e46 area colony bhopal 462016
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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 bhopal

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

How to find MICR codes for Kotak Bank in bhopal?

Kotak Bank bhopal 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 bhopal, one can further search by branch name specified in the table. You can find MICR codes for all Kotak Bank bhopal branches.

Kotak Mahindra Bank MICR code in bhopal

Kotak Bank MICR code is a character recognition technology used by banks in the processing of cheques. Kotak Mahindra Bank MICR code for bhopal 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 bhopal, 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 bhopal 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 bhopal 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 bhopal branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Kotak Bank MICR codes for bhopal 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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