Kotak Bank Khed Ratnagiri Maharashtra MICR CODE

Find MICR Codes for Kotak Bank Khed Ratnagiri Maharashtra

MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Avashi Branch Lote Parshuram Industrial Area
Contact 18001026022
Bank Details Kotak Mahindra Bank Avashi Branch Lote Parshuram Industrial Area KKBK0001994
Location Khed, Ratnagiri
City Khed
District Ratnagiri
State Maharashtra
Pincode 415722
Country IN
Address Kotak mahindra bank limited plot no. Pap 34, lote parshuram industrial area, at post : avashi, pin : 415722, taluka : khed, district : ratnagiri. Maharashtra.
MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kokan Mercantile Co Op Bank Ltd Khed
Contact 022 23723753
Bank Details Kotak Mahindra Bank Kokan Mercantile Co Op Bank Ltd Khed KKBK0KMCB63
Location Khed, Ratnagiri
City Khed
District Ratnagiri
State Maharashtra
Pincode 415709
Country IN
Address Kokan mercantile co-op bank ltd khed m/h 96/18, mahadik mohalla, pawaskar naka, khed, dist. Ratnagiri 415 709.
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 ratnagiri

You can search through MICR Codes of Maharashtra branches in khed of District ratnagiri in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Avashi Branch Lote Parshuram Industrial Area >>Kokan Mercantile Co Op Bank Ltd Khed

How to find MICR codes for Kotak Bank in khed?

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

Kotak Mahindra Bank MICR code in khed

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

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