Kotak Bank Chandigarh Chandigarh Chhattisgarh MICR CODE

Find MICR Codes for Kotak Bank Chandigarh Chandigarh Chhattisgarh

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MICR Code	493485501
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	Birgaon Branch
Contact
Bank Details	Kotak Mahindra Bank Birgaon Branch KKBK0006407

Location	Chandigarh, Chandigarh
City	Chandigarh
District	Chandigarh
State	Chhattisgarh
Pincode	493221
Country	IN
Address	Gr flr shop no 88 89 90 91 105 106 107 108 block c 2 d m tower rawabhata birgaon chhattisgarh 493221

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 493485501 for Birgaon 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 493485501 of Kotak Mahindra Bank, Birgaon Branch branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Birgaon Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Kotak Mahindra Bank are available with micr code -

>>Birgaon Branch >>Chandigarh >>Chandigarh Sector Thirty Seven D Branch >>Mani Majra Chandigarh >>Sector D Chandigarh

MICR code for Kotak Bank Birgaon 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 Birgaon 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. 493485501 is the MICR code of Kotak Bank for Birgaon Branch branch. MICR code for Birgaon 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 Birgaon Branch is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Birgaon Branch branch in chandigarh

The MICR code 493485501 is used in RBI cheque clearing process to identify the branch Birgaon 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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