Kotak Bank Bhopal Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for Kotak Bank Bhopal Bhopal Madhya Pradesh

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MICR Code	-NA-
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	Bhopal Indrapuri Bhel
Contact	22-66006022
Bank Details	Kotak Mahindra Bank Bhopal Indrapuri Bhel KKBK0005892

Location	Bhopal, Bhopal
City	Bhopal
District	Bhopal
State	Madhya Pradesh
Pincode	462022
Country	IN
Address	Ground floor plot no 36 sector a opp gate no1 bhel indrapuri raisen road bhopal 462 022

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 0 for Bhopal Indrapuri Bhel 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 0 of Kotak Mahindra Bank, Bhopal Indrapuri Bhel branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Bhopal Indrapuri Bhel branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Kotak Mahindra Bank are available with micr code -

>>Bhopal >>Bhopal Aura Mall >>Bhopal Bairagarh >>Bhopal Indrapuri Bhel >>Bhopal Lalghati Square >>Bhopal M.P.Nagar >>Bhopal Marwari Road >>Bhopal Prime Plaza Branch >>Chunnabhatti Branch >>Hamedia Road Branch

MICR code for Kotak Bank Bhopal Indrapuri Bhel

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 Bhopal Indrapuri Bhel 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. 0 is the MICR code of Kotak Bank for Bhopal Indrapuri Bhel branch. MICR code for Bhopal Indrapuri Bhel 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 Bhopal Indrapuri Bhel is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Bhopal Indrapuri Bhel branch in bhopal

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bhopal Indrapuri Bhel 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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