Kotak Bank Satna Satna Madhya Pradesh MICR CODE

Find MICR Codes for Kotak Bank Satna Satna Madhya Pradesh

MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chakbandi Branch
Contact
Bank Details Kotak Mahindra Bank Chakbandi Branch KKBK0005953
Location Satna, Satna
City Satna
District Satna
State Madhya Pradesh
Pincode 485001
Country IN
Address Gr flr khasra no 40 2 halka babupur vilage chakbandi block sohawal mahadeva dist satna mp pin 485001
MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Satna Rewa Road
Contact 1860-2662666
Bank Details Kotak Mahindra Bank Satna Rewa Road KKBK0005988
Location Satna, Satna
City Satna
District Satna
State Madhya Pradesh
Pincode 485001
Country IN
Address Kotak mahindra bank ltd, hotel savera compound, rewa road, satna - 485001. Madhya pradesh
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 satna

You can search through MICR Codes of Madhya Pradesh branches in satna of District satna 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 2 branches of Kotak Mahindra Bank are available with micr code -

>>Chakbandi Branch >>Satna Rewa Road

How to find MICR codes for Kotak Bank in satna?

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

Kotak Mahindra Bank MICR code in satna

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