Kotak Bank Palakol West Godavari Andhra Pradesh MICR CODE

Find MICR Codes for Kotak Bank Palakol West Godavari Andhra Pradesh

MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Palakol
Contact
Bank Details Kotak Mahindra Bank Palakol KKBK0007863
Location Palakol, West Godavari
City Palakol
District West Godavari
State Andhra Pradesh
Pincode 534260
Country IN
Address 99999999
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 west godavari

You can search through MICR Codes of Andhra Pradesh branches in palakol of District west godavari in Andhra Pradesh 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 -

>>Palakol

How to find MICR codes for Kotak Bank in palakol?

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

Kotak Mahindra Bank MICR code in palakol

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