Kotak Bank Madurai Madurai Tamil Nadu MICR CODE

Find MICR Codes for Kotak Bank Madurai Madurai Tamil Nadu

MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Madurai Goods Shed Street
Contact (0452) 4232000
Bank Details Kotak Mahindra Bank Madurai Goods Shed Street KKBK0000511
Location Madurai, Madurai
City Madurai
District Madurai
State Tamil Nadu
Pincode 625001
Country IN
Address 1 -a west perumal maistry street madurai tamil nadu - 625001
MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Madurai
Contact
Bank Details Kotak Mahindra Bank Madurai KKBK0008716
Location Madurai, Madurai
City Madurai
District Madurai
State Tamil Nadu
Pincode 625001
Country IN
Address 99999999
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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 madurai

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

A total of 4 branches of Kotak Mahindra Bank are available with micr code -

>>Madurai >>Madurai Goods Shed Street >>Madurai South Masi Street >>Uthangudi Branch

How to find MICR codes for Kotak Bank in madurai?

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

Kotak Mahindra Bank MICR code in madurai

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