Kotak Bank Kakinada Kakinada Andhra Pradesh MICR CODE

Find MICR Codes for Kotak Bank Kakinada Kakinada Andhra Pradesh

Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sarpavaram Branch
Contact 1800226022
Bank Details Kotak Mahindra Bank Sarpavaram Branch KKBK0000574
Location Kakinada, Kakinada
City Kakinada
District Kakinada
State Andhra Pradesh
Pincode 533005
Country IN
Address Kotak mahindra bank ltd, sarpavaram branch- kakinada, shop no. 6 & part of shop no.7, ground floor, benda complex, plot no. 20, h no. 3-18, survey no. 232/14, ramanyyapeta village, sarpavaram junction, kakinada rural mandal, kakinada -533005, andra prades
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 kakinada

You can search through MICR Codes of Andhra Pradesh branches in kakinada of District kakinada in Andhra Pradesh 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 -

>>Sarpavaram Branch

How to find MICR codes for Kotak Bank in kakinada?

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

Kotak Mahindra Bank MICR code in kakinada

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