Kotak Bank Maski Raichur Karnataka MICR CODE

Find MICR Codes for Kotak Bank Maski Raichur Karnataka

Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sri Mallikarjuna Pattana Sahakari Bank Niyamita
Bank Details Kotak Mahindra Bank Sri Mallikarjuna Pattana Sahakari Bank Niyamita KKBK0SMP001
Location Maski, Raichur
City Maski
District Raichur
State Karnataka
Pincode 584124
Country IN
Address 1st floor accha complex sindhanur main road maski 584124
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 raichur

You can search through MICR Codes of Karnataka branches in maski of District raichur in Karnataka 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 -

>>Sri Mallikarjuna Pattana Sahakari Bank Niyamita

How to find MICR codes for Kotak Bank in maski?

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

Kotak Mahindra Bank MICR code in maski

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