Kotak Bank Metoda Rajkot Gujarat MICR CODE

Find MICR Codes for Kotak Bank Metoda Rajkot Gujarat

MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Metoda Branch
Contact 66056995
Bank Details Kotak Mahindra Bank Metoda Branch KKBK0002792
Location Metoda, Rajkot
City Metoda
District Rajkot
State Gujarat
Pincode 360035
Country IN
Address Kotak mahindra bank 101 first floor fortune square, p no. C 1001a kishan gate rd, gidc metoda 360035
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 rajkot

You can search through MICR Codes of Gujarat branches in metoda of District rajkot in Gujarat 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 -

>>Metoda Branch

How to find MICR codes for Kotak Bank in metoda?

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

Kotak Mahindra Bank MICR code in metoda

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