Let Others Know
×
LinkedIn
Email
WhatsApp

Kotak Bank Dombivli Thane Maharashtra MICR CODE

Find MICR Codes for Kotak Bank Dombivli Thane Maharashtra

MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dombivali
Contact (0251) 6458433
Bank Details Kotak Mahindra Bank Dombivali KKBK0000628
Location Dombivli, Thane
City Dombivli
District Thane
State Maharashtra
Pincode 421201
Country IN
Address Kotak mahindra bank ltd. Plot no.8, hissa no. 10, survey no. 328, nehru road, near ganesh mandir, opp.garden dombivali (e), thane, maharashtra - 421 201
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 400485039 for Dombivali 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 400485039 of Kotak Mahindra Bank, Dombivali branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Dombivali branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Antarli Dombivali Palava Phase Two >>Dombivali >>Dombivali Lodha Palava Branch >>Dombivali Mumbai

MICR code for Kotak Bank Dombivali

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 Dombivali 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. 400485039 is the MICR code of Kotak Bank for Dombivali branch. MICR code for Dombivali 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 Dombivali is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Dombivali branch in dombivli

The MICR code 400485039 is used in RBI cheque clearing process to identify the branch Dombivali 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.