Kotak Bank Palsana Surat Gujarat MICR CODE

Find MICR Codes for Kotak Bank Palsana Surat Gujarat

MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Palsana
Contact (02622) 655804
Bank Details Kotak Mahindra Bank Palsana KKBK0000881
Location Palsana, Surat
City Palsana
District Surat
State Gujarat
Pincode 394315
Country IN
Address Kotak mahindra bank ltd. Ground floor, 1,2,3 & 4, thakorji commercial complex, mouje-palsana, talluka- palsana, dist.-surat, pin- 394 315 gujarat
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 surat

You can search through MICR Codes of Gujarat branches in palsana of District surat 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 -

>>Palsana

How to find MICR codes for Kotak Bank in palsana?

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

Kotak Mahindra Bank MICR code in palsana

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