Kotak Bank Mysore Mysore Karnataka MICR CODE

Find MICR Codes for Kotak Bank Mysore Mysore Karnataka

Bank
State
District
City
Branch
Address

MICR Code	570485002
Bank	Kotak Mahindra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Mysore Saraswatipuram
Contact	Kotak Mahindra Bank Ltd Plot No 2912 /1 , Kantharaj Urs Road , Saraswati Puram Mysore Karnataka - 570 009
Bank Details	Kotak Mahindra Bank Mysore Saraswatipuram KKBK0000425

Location	Mysore, Mysore
City	Mysore
District	Mysore
State	Karnataka
Pincode
Country	IN
Address	Mysore-saraswatipuram

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.

How does MICR code 570485002 for Mysore Saraswatipuram branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 570485002 of Kotak Mahindra Bank, Mysore Saraswatipuram branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Mysore Saraswatipuram branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of Kotak Mahindra Bank are available with micr code -

>>Jayalakshmi Puram Mysore >>Karya Branch >>Kiragasuru >>Kuvempu Nagar Mysore >>Maregowdanahalli >>Mysore Currency Chest >>Mysore Main >>Mysore Saraswatipuram >>N Settihalli Branch >>Siddartha Nagar Mysore >>T.Narasipur

MICR code for Kotak Bank Mysore Saraswatipuram

Kotak Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Kotak Mahindra Bank MICR code for Mysore Saraswatipuram is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 570485002 is the MICR code of Kotak Bank for Mysore Saraswatipuram branch. MICR code for Mysore Saraswatipuram branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Kotak Mahindra Bank Mysore Saraswatipuram is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Mysore Saraswatipuram branch in mysore

The MICR code 570485002 is used in RBI cheque clearing process to identify the branch Mysore Saraswatipuram and Kotak Mahindra Bank bank for clearing processes. The MICR characters, which are printed 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. MICR code of Kotak Bank is typically in either of these two font’s: E-138 and CMC-7.

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