Kotak Bank Kondakamarla Anantapur Andhra Pradesh MICR CODE

Find MICR Codes for Kotak Bank Kondakamarla Anantapur Andhra Pradesh

MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kondakamarla
Contact
Bank Details Kotak Mahindra Bank Kondakamarla KKBK0007845
Location Kondakamarla, Anantapur
City Kondakamarla
District Anantapur
State Andhra Pradesh
Pincode 515231
Country IN
Address 99999999
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 anantapur

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

>>Kondakamarla

How to find MICR codes for Kotak Bank in kondakamarla?

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

Kotak Mahindra Bank MICR code in kondakamarla

Kotak Bank MICR code is a character recognition technology used by banks in the processing of cheques. Kotak Mahindra Bank MICR code for kondakamarla 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 kondakamarla, 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 kondakamarla 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 kondakamarla 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 kondakamarla branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Kotak Bank MICR codes for kondakamarla 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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