Kotak Bank Thippasandra Bangalore Rural Karnataka MICR CODE

Find MICR Codes for Kotak Bank Thippasandra Bangalore Rural Karnataka

MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Thippasandra Aaradhana Arcade
Contact Kotak Mahindra Bank Ltd 1st Floor , Aaradhana Arcade , No 1961 New Thippasandra Main Road Hal 3rd Stage , Bangalore Thippasandra - 560 075 Karnataka
Bank Details Kotak Mahindra Bank Thippasandra Aaradhana Arcade KKBK0000429
Location Thippasandra, Bangalore Rural
City Thippasandra
District Bangalore Rural
State Karnataka
Pincode
Country IN
Address Thippasandra - aaradhana arcade
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.

How does MICR code 560485009 for Thippasandra Aaradhana Arcade branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 560485009 of Kotak Mahindra Bank, Thippasandra Aaradhana Arcade branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Thippasandra Aaradhana Arcade branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Kotak Mahindra Bank are available with micr code -

>>Thippasandra Aaradhana Arcade

MICR code for Kotak Bank Thippasandra Aaradhana Arcade

Kotak Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Kotak Mahindra Bank MICR code for Thippasandra Aaradhana Arcade is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 560485009 is the MICR code of Kotak Bank for Thippasandra Aaradhana Arcade branch. MICR code for Thippasandra Aaradhana Arcade branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Kotak Mahindra Bank Thippasandra Aaradhana Arcade is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Thippasandra Aaradhana Arcade branch in thippasandra

The MICR code 560485009 is used in RBI cheque clearing process to identify the branch Thippasandra Aaradhana Arcade and Kotak Mahindra Bank bank for clearing processes. The MICR characters, which are printed 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. MICR code of Kotak Bank is typically in either of these two font’s: E-138 and CMC-7.

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