Kotak Bank Latur Latur Maharashtra MICR CODE

Find MICR Codes for Kotak Bank Latur Latur Maharashtra

MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Maharana Pratap Nagar Branch
Contact
Bank Details Kotak Mahindra Bank Maharana Pratap Nagar Branch KKBK0001980
Location Latur, Latur
City Latur
District Latur
State Maharashtra
Pincode 413512
Country IN
Address Kotak mahindra bank ltd, maharana pratap nagar branch. Shop numbers 1, 2, 3 & 4, ground floor, “bhagwat complex”. Gut no. 81/2, babhalgoan road, opposite rto office, maharana pratap nagar, taluka and district latur, maharashtra-413512.
MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Indira Mahila Nagari Sahakari Bank Ltd Latur
Contact 9422964509
Bank Details Kotak Mahindra Bank Indira Mahila Nagari Sahakari Bank Ltd Latur KKBK0IMNSB1
Location Latur, Latur
City Latur
District Latur
State Maharashtra
Pincode 413512
Country IN
Address Indira mahila nagari sahakari bank ltd latur gandhi market tq latur dist latur 413512
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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 latur

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

How to find MICR codes for Kotak Bank in latur?

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

Kotak Mahindra Bank MICR code in latur

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