Kotak Bank Vadodara Vadodara Gujarat MICR CODE

Find MICR Codes for Kotak Bank Vadodara Vadodara Gujarat

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Baroda Race Course Circle
Contact (0265) 5520350
Bank Details Kotak Mahindra Bank Baroda Race Course Circle KKBK0000841
Location Vadodara, Vadodara
City Vadodara
District Vadodara
State Gujarat
Pincode 390007
Country IN
Address Panorama building,r.c. Dutt road,alkapuri,vadodara - 390 005
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 390485002 for Baroda Race Course Circle 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 390485002 of Kotak Mahindra Bank, Baroda Race Course Circle branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Baroda Race Course Circle branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Kotak Bank Baroda Race Course Circle

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 Baroda Race Course Circle 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. 390485002 is the MICR code of Kotak Bank for Baroda Race Course Circle branch. MICR code for Baroda Race Course Circle 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 Baroda Race Course Circle is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Baroda Race Course Circle branch in vadodara

The MICR code 390485002 is used in RBI cheque clearing process to identify the branch Baroda Race Course Circle 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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