Kotak Bank Badshapur Gurgaon Haryana MICR CODE

Find MICR Codes for Kotak Bank Badshapur Gurgaon Haryana

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Badshapur
Contact 1800226022
Bank Details Kotak Mahindra Bank Badshapur KKBK0000298
Location Badshapur, Gurgaon
City Badshapur
District Gurgaon
State Haryana
Pincode 122002
Country IN
Address Kotak mahindra bank ltd, ground floor, unit no. Gf-7, block-2, vatika business park, village badshapur, sona road, gurgaon -122002, haryana
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 110485057 for Badshapur 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 110485057 of Kotak Mahindra Bank, Badshapur branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Badshapur 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 -

>>Badshapur

MICR code for Kotak Bank Badshapur

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 Badshapur 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. 110485057 is the MICR code of Kotak Bank for Badshapur branch. MICR code for Badshapur 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 Badshapur is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Badshapur branch in badshapur

The MICR code 110485057 is used in RBI cheque clearing process to identify the branch Badshapur 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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