Kotak Bank Salem Salem Tamil Nadu MICR CODE

Find MICR Codes for Kotak Bank Salem Salem Tamil Nadu

MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Salem Alagapuram
Contact (0427) 4554500
Bank Details Kotak Mahindra Bank Salem Alagapuram KKBK0000521
Location Salem, Salem
City Salem
District Salem
State Tamil Nadu
Pincode 636004
Country IN
Address Plot no.12, s no.98, bharathi street alagapuram salem tamil nadu 636004
MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Salem
Contact
Bank Details Kotak Mahindra Bank Salem KKBK0008781
Location Salem, Salem
City Salem
District Salem
State Tamil Nadu
Pincode 636001
Country IN
Address 99999999
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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 salem

You can search through MICR Codes of Tamil Nadu branches in salem of District salem in Tamil Nadu State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 4 branches of Kotak Mahindra Bank are available with micr code -

>>Bharati Vidyalaya Higher Secondary School Salem >>Gugai Branch >>Salem >>Salem Alagapuram

How to find MICR codes for Kotak Bank in salem?

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

Kotak Mahindra Bank MICR code in salem

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