Kotak Bank Ghaziabad Ghaziabad Uttar Pradesh MICR CODE

Find MICR Codes for Kotak Bank Ghaziabad Ghaziabad Uttar Pradesh

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ghaziabad Vaishali Sec Five
Contact 1860-2662666
Bank Details Kotak Mahindra Bank Ghaziabad Vaishali Sec Five KKBK0005379
Location Ghaziabad, Ghaziabad
City Ghaziabad
District Ghaziabad
State Uttar Pradesh
Pincode 201012
Country IN
Address Kotak mahindra bank ltd, design arch e homes, sector 5, vaishali, ghaziabad - 201012, uttar pradesh.
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 0 for Ghaziabad Vaishali Sec Five 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 0 of Kotak Mahindra Bank, Ghaziabad Vaishali Sec Five branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Ghaziabad Vaishali Sec Five branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Kotak Bank Ghaziabad Vaishali Sec Five

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 Ghaziabad Vaishali Sec Five 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. 0 is the MICR code of Kotak Bank for Ghaziabad Vaishali Sec Five branch. MICR code for Ghaziabad Vaishali Sec Five 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 Ghaziabad Vaishali Sec Five is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Ghaziabad Vaishali Sec Five branch in ghaziabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ghaziabad Vaishali Sec Five 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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