Kotak Bank Chennai Chennai Tamil Nadu MICR CODE

Find MICR Codes for Kotak Bank Chennai Chennai Tamil Nadu

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chennai Shanthi Colony
Contact 22-66006022
Bank Details Kotak Mahindra Bank Chennai Shanthi Colony KKBK0008527
Location Chennai, Chennai
City Chennai
District Chennai
State Tamil Nadu
Pincode 177179
Country IN
Address First floor no ah177 179 181 183 4thã½avenue situated at shanthi colony anna nagar chennai 600 040
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 600485050 for Chennai Shanthi Colony 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 600485050 of Kotak Mahindra Bank, Chennai Shanthi Colony branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Chennai Shanthi Colony branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Kotak Bank Chennai Shanthi Colony

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 Chennai Shanthi Colony 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. 600485050 is the MICR code of Kotak Bank for Chennai Shanthi Colony branch. MICR code for Chennai Shanthi Colony 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 Chennai Shanthi Colony is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Chennai Shanthi Colony branch in chennai

The MICR code 600485050 is used in RBI cheque clearing process to identify the branch Chennai Shanthi Colony 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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