Kotak Bank Chiplun Ratnagiri Maharashtra MICR CODE

Find MICR Codes for Kotak Bank Chiplun Ratnagiri Maharashtra

MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chiplun Branch
Contact 18001026022
Bank Details Kotak Mahindra Bank Chiplun Branch KKBK0001987
Location Chiplun, Ratnagiri
City Chiplun
District Ratnagiri
State Maharashtra
Pincode 415605
Country IN
Address Kotak mahindra bank limited, ground floor, shivsagar building, (municipal house no 371/a, 371/a1, 371/a2), kavil tali, chiplun, taluka : chiplun, district : ratnagiri, pin - 415605. Maharashtra.
MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Umroli Branch Chiplun Guhagar Rd
Contact 18001026022
Bank Details Kotak Mahindra Bank Umroli Branch Chiplun Guhagar Rd KKBK0001992
Location Chiplun, Ratnagiri
City Chiplun
District Ratnagiri
State Maharashtra
Pincode 415702
Country IN
Address Kotak mahindra bank limited, ground floor, part of house no. 110, gat no 339, chiplun guhagar road, umroli - 415702, taluka : chiplun, district : ratnagiri. Maharashtra.
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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 ratnagiri

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

A total of 4 branches of Kotak Mahindra Bank are available with micr code -

>>Chiplun Branch >>Kokan Mercantile Co Op Bank Ltd Chiplun >>Mirjoli Branch >>Umroli Branch Chiplun Guhagar Rd

How to find MICR codes for Kotak Bank in chiplun?

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

Kotak Mahindra Bank MICR code in chiplun

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