Kotak Bank Ashok Vihar New Delhi New Delhi MICR CODE

Find MICR Codes for Kotak Bank Ashok Vihar New Delhi New Delhi

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ashok Vihar Branch
Contact (011) 43306496
Bank Details Kotak Mahindra Bank Ashok Vihar Branch KKBK0000215
Location Ashok Vihar, New Delhi
City Ashok Vihar
District New Delhi
State New Delhi
Pincode 110052
Country IN
Address Kotak mahindra bank ltd, c-2/11, ashok vihar-2, new delhi - 110 052
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 786485302 for Ashok Vihar 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 786485302 of Kotak Mahindra Bank, Ashok Vihar Branch branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Ashok Vihar Branch 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 -

>>Ashok Vihar Branch

MICR code for Kotak Bank Ashok Vihar 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 Ashok Vihar 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. 786485302 is the MICR code of Kotak Bank for Ashok Vihar Branch branch. MICR code for Ashok Vihar 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 Ashok Vihar Branch is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Ashok Vihar Branch branch in ashok vihar

The MICR code 786485302 is used in RBI cheque clearing process to identify the branch Ashok Vihar 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.

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