KB Kookmin Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for KB Kookmin Bank Pune Pune Maharashtra

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MICR Code	-NA-
Bank	Kookmin Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kookmin Bank
Contact	22-9650087712
Bank Details	Kookmin Bank Kookmin Bank KBKB0000003

Location	Pune, Pune
City	Pune
District	Pune
State	Maharashtra
Pincode	411014
Country	IN
Address	Unit no.501 to 506 5th floor goodwill byond village khardi pune-411014

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 0 for Kookmin Bank 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 0 of KB, Kookmin Bank branch makes the system almost error free and faster. Use of KB MICR codes for Kookmin Bank branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Kookmin Bank

MICR code for KB Kookmin Bank Kookmin Bank

KB Kookmin Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. KB MICR code for Kookmin Bank 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. 0 is the MICR code of KB Kookmin Bank for Kookmin Bank branch. MICR code for Kookmin Bank 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 KB Kookmin Bank is presented in the table alongside.

Use of KB MICR code for Kookmin Bank branch in pune

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kookmin Bank and KB 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 KB Kookmin Bank is typically in either of these two font’s: E-138 and CMC-7.

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