Kotak Bank Niphad Nasik Maharashtra MICR CODE

Find MICR Codes for Kotak Bank Niphad Nasik Maharashtra

MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Khadak Malegaon Niphad Branch
Contact 18001026022
Bank Details Kotak Mahindra Bank Khadak Malegaon Niphad Branch KKBK0001883
Location Niphad, Nasik
City Niphad
District Nasik
State Maharashtra
Pincode 422304
Country IN
Address Kotak mahindra bank limited ground floor, shop no 3,4 & 5, arunoday building, khadak malegaon 422304, taluka niphad, district nashik. Maharashtra.
MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Narayangaon Niphad Branch
Contact 18001026022
Bank Details Kotak Mahindra Bank Narayangaon Niphad Branch KKBK0001885
Location Niphad, Nasik
City Niphad
District Nasik
State Maharashtra
Pincode 422201
Country IN
Address Kotak mahindra bank limited ground floor, sri lakshmi krupa bunglow, ozar road, narayangaon (kherwadi) - 422201 taluka : niphad, 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 niphad 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 niphad?

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

Kotak Mahindra Bank MICR code in niphad

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