Kotak Bank Rajgarh Biaora Madhya Pradesh MICR CODE

Find MICR Codes for Kotak Bank Rajgarh Biaora Madhya Pradesh

MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nagrik Sahakari Bank Maryadit Rajgarh Biaora
Contact
Bank Details Kotak Mahindra Bank Nagrik Sahakari Bank Maryadit Rajgarh Biaora KKBK0NSBM01
Location Rajgarh, Biaora
City Rajgarh
District Biaora
State Madhya Pradesh
Pincode 465661
Country IN
Address Shankar marg shabji market rajgarh biaora mp 465661
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 biaora

You can search through MICR Codes of Madhya Pradesh branches in rajgarh of District biaora in Madhya 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 -

>>Nagrik Sahakari Bank Maryadit Rajgarh Biaora

How to find MICR codes for Kotak Bank in rajgarh?

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

Kotak Mahindra Bank MICR code in rajgarh

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