Kotak Bank Udaipur Udaipur Rajasthan MICR CODE

Find MICR Codes for Kotak Bank Udaipur Udaipur Rajasthan

MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Udaipur Bank Street
Contact (0294) 5105454
Bank Details Kotak Mahindra Bank Udaipur Bank Street KKBK0000272
Location Udaipur, Udaipur
City Udaipur
District Udaipur
State Rajasthan
Pincode 313001
Country IN
Address Kotak mahindra bank ltd ground & first floor trimurti heights 8 - c madhuban bank street udaipur rajasthan - 313 004
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 313485002 for Udaipur Bank Street 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 313485002 of Kotak Mahindra Bank, Udaipur Bank Street branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Udaipur Bank Street branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Durga Nursery Roa Branch >>Udaipur Bank Street >>Udaipur Delhi Gate Branch >>Udaipur Narendra Nagar

MICR code for Kotak Bank Udaipur Bank Street

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 Udaipur Bank Street 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. 313485002 is the MICR code of Kotak Bank for Udaipur Bank Street branch. MICR code for Udaipur Bank Street 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 Udaipur Bank Street is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Udaipur Bank Street branch in udaipur

The MICR code 313485002 is used in RBI cheque clearing process to identify the branch Udaipur Bank Street 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.

Copied!