Kotak Bank Northwest Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for Kotak Bank Northwest Delhi New Delhi New Delhi

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Delhi Ashok Vihar Block B
Contact 1860-2662666
Bank Details Kotak Mahindra Bank Delhi Ashok Vihar Block B KKBK0004678
Location Northwest Delhi, New Delhi
City Northwest Delhi
District New Delhi
State New Delhi
Pincode 110052
Country IN
Address Kotak mahindra bank ltd ground floor b2 11 ashok vihar phase 2 delhi 110052
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 Delhi Ashok Vihar Block B 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, Delhi Ashok Vihar Block B branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Delhi Ashok Vihar Block B branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Kotak Mahindra Bank are available with micr code -

>>Delhi Ashok Vihar Block B

MICR code for Kotak Bank Delhi Ashok Vihar Block B

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 Delhi Ashok Vihar Block B 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 Delhi Ashok Vihar Block B branch. MICR code for Delhi Ashok Vihar Block B 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 Delhi Ashok Vihar Block B is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Delhi Ashok Vihar Block B branch in northwest delhi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Delhi Ashok Vihar Block B 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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