Kotak Bank Koramangala Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Kotak Bank Koramangala Bangalore Urban Karnataka

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bangalore Koramangla
Contact (080) 66330200
Bank Details Kotak Mahindra Bank Bangalore Koramangla KKBK0000424
Location Koramangala, Bangalore Urban
City Koramangala
District Bangalore Urban
State Karnataka
Pincode 560030
Country IN
Address The pinnacle, ground floor, no 8 5th block koramangala bangalore karnataka 560 076
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 560485004 for Bangalore Koramangla 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 560485004 of Kotak Mahindra Bank, Bangalore Koramangla branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Bangalore Koramangla 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 -

>>Bangalore Koramangla

MICR code for Kotak Bank Bangalore Koramangla

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 Bangalore Koramangla 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. 560485004 is the MICR code of Kotak Bank for Bangalore Koramangla branch. MICR code for Bangalore Koramangla 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 Bangalore Koramangla is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Bangalore Koramangla branch in koramangala

The MICR code 560485004 is used in RBI cheque clearing process to identify the branch Bangalore Koramangla 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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