Kotak Bank Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for Kotak Bank Ludhiana Ludhiana Punjab

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ludhiana Ferozepur Road
Contact (0161) 5055200
Bank Details Kotak Mahindra Bank Ludhiana Ferozepur Road KKBK0000251
Location Ludhiana, Ludhiana
City Ludhiana
District Ludhiana
State Punjab
Pincode 141001
Country IN
Address Sco 120, ground floor,feroze gandhi market,ludhiana - 141 001
MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Miller Gunj Branch
Contact 18001026022
Bank Details Kotak Mahindra Bank Miller Gunj Branch KKBK0003900
Location Ludhiana, Ludhiana
City Ludhiana
District Ludhiana
State Punjab
Pincode 141003
Country IN
Address Kotak mahindra bank limited miller gunj branch- ludhiana, ground floor, premises no. 180, grant trunk road, miller gunj, ludhiana , punjab-141003
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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 ludhiana

You can search through MICR Codes of Punjab branches in ludhiana of District ludhiana in Punjab 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 ludhiana?

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

Kotak Mahindra Bank MICR code in ludhiana

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