Kotak Bank Nashik Nasik Maharashtra MICR CODE

Find MICR Codes for Kotak Bank Nashik Nasik Maharashtra

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Arai Branch Nasik
Contact 18001026022
Bank Details Kotak Mahindra Bank Arai Branch Nasik KKBK0001897
Location Nashik, Nasik
City Nashik
District Nasik
State Maharashtra
Pincode 423301
Country IN
Address Kotak mahindra bank limited, ground floor, moti niwas, near gram panchayat office, hanuman chowk, arai - 423301, taluka : baglan, district : nashik. Maharashtra
MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Thengode Branch
Contact 18001026022
Bank Details Kotak Mahindra Bank Thengode Branch KKBK0001899
Location Nashik, Nasik
City Nashik
District Nasik
State Maharashtra
Pincode 423301
Country IN
Address Kotak mahindra bank limited ground floor, house no 2/054, bazar peth, opposite water tank, thengode - 423301, taluka : baglan, district : nashik. Maharashtra
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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 nasik

You can search through MICR Codes of Maharashtra branches in nashik of District nasik in Maharashtra 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 nashik?

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

Kotak Mahindra Bank MICR code in nashik

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