Kotak Bank Sultanpur Lodhi Kapurthala Punjab MICR CODE

Find MICR Codes for Kotak Bank Sultanpur Lodhi Kapurthala Punjab

MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sultanpur Lodhi
Contact
Bank Details Kotak Mahindra Bank Sultanpur Lodhi KKBK0004093
Location Sultanpur Lodhi, Kapurthala
City Sultanpur Lodhi
District Kapurthala
State Punjab
Pincode 144626
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 kapurthala

You can search through MICR Codes of Punjab branches in sultanpur lodhi of District kapurthala in Punjab 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 -

>>Sultanpur Lodhi

How to find MICR codes for Kotak Bank in sultanpur lodhi?

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

Kotak Mahindra Bank MICR code in sultanpur lodhi

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