Kotak Bank Chandigarh Chandigarh Chhattisgarh MICR CODE

Find MICR Codes for Kotak Bank Chandigarh Chandigarh Chhattisgarh

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chandigarh Sector Thirty Seven D Branch
Contact
Bank Details Kotak Mahindra Bank Chandigarh Sector Thirty Seven D Branch KKBK0004205
Location Chandigarh, Chandigarh
City Chandigarh
District Chandigarh
State Chhattisgarh
Pincode 160036
Country IN
Address Gr floor and basement sco no 381 sector 37 d chandigarh 160036
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 Chandigarh Sector Thirty Seven D 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 0 of Kotak Mahindra Bank, Chandigarh Sector Thirty Seven D Branch branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Chandigarh Sector Thirty Seven D 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 Chandigarh Sector Thirty Seven D 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 Chandigarh Sector Thirty Seven D 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. 0 is the MICR code of Kotak Bank for Chandigarh Sector Thirty Seven D Branch branch. MICR code for Chandigarh Sector Thirty Seven D 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 Chandigarh Sector Thirty Seven D Branch is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Chandigarh Sector Thirty Seven D Branch branch in chandigarh

The MICR code 0 is used in RBI cheque clearing process to identify the branch Chandigarh Sector Thirty Seven D 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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