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Kotak Bank Dahanu Thane Maharashtra MICR CODE

Find MICR Codes for Kotak Bank Dahanu Thane Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	400485037
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	Dahanu
Contact	(02528) 645182
Bank Details	Kotak Mahindra Bank Dahanu KKBK0000626

Location	Dahanu, Thane
City	Dahanu
District	Thane
State	Maharashtra
Pincode	401602
Country	IN
Address	Kotak mahindra bank ltd. Shop no. 2, 3 & 4, first floor, janardhan arcade main road, dahanu road, dist. Thane dahanu,pin- 401 602 maharashtra

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 400485037 for Dahanu 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 400485037 of Kotak Mahindra Bank, Dahanu branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Dahanu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Kotak Mahindra Bank are available with micr code -

>>Dahanu >>The Dahanu Road Janata Co Op Bank

MICR code for Kotak Bank Dahanu

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 Dahanu 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. 400485037 is the MICR code of Kotak Bank for Dahanu branch. MICR code for Dahanu 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 Dahanu is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Dahanu branch in dahanu

The MICR code 400485037 is used in RBI cheque clearing process to identify the branch Dahanu 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.