Kotak Bank Junagadh Veraval Gujarat MICR CODE

Find MICR Codes for Kotak Bank Junagadh Veraval Gujarat

Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Veraval Branch
Bank Details Kotak Mahindra Bank Veraval Branch KKBK0003039
Location Junagadh, Veraval
City Junagadh
District Veraval
State Gujarat
Country IN
Address Gr flr shp 6to11 rishikesh arcade plt 54 of tp scheme n2 gir somnath situate twer chwk bus stn mn rd
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 veraval

You can search through MICR Codes of Gujarat branches in junagadh of District veraval in Gujarat State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Kotak Mahindra Bank are available with micr code -

>>Veraval Branch

How to find MICR codes for Kotak Bank in junagadh?

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

Kotak Mahindra Bank MICR code in junagadh

Kotak Bank MICR code is a character recognition technology used by banks in the processing of cheques. Kotak Mahindra Bank MICR code for junagadh 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 junagadh, 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 junagadh 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 junagadh 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 junagadh branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Kotak Bank MICR codes for junagadh branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!