Kotak Bank Akola Akola Maharashtra MICR CODE

Find MICR Codes for Kotak Bank Akola Akola Maharashtra

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	444485003
Bank	Kotak Mahindra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Akola Branch
Contact
Bank Details	Kotak Mahindra Bank Akola Branch KKBK0002050

Location	Akola, Akola
City	Akola
District	Akola
State	Maharashtra
Pincode	444001
Country	IN
Address	Ground floor shop nos 3 4 31 33 35 37 and 40 yamuna tarang complex nh no 6 vidya nagar akola 444001

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 444485003 for Akola Branch 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 444485003 of Kotak Mahindra Bank, Akola Branch branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Akola Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Kotak Mahindra Bank are available with micr code -

>>Agrasen Nagari Sahakari Bank Ltd Akola Branch >>Akola Branch

MICR code for Kotak Bank Akola Branch

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 Akola Branch 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. 444485003 is the MICR code of Kotak Bank for Akola Branch branch. MICR code for Akola Branch 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 Akola Branch is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Akola Branch branch in akola

The MICR code 444485003 is used in RBI cheque clearing process to identify the branch Akola Branch 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!