|
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 of Kotak Mahindra Bank, branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.
>>Dlf Phase I Gurgaon Branch >>Golf Course Gurgaon >>Gurgaon >>Gurgaon >>Gurgaon Branch >>Gurgaon Dlf City Court >>Gurgaon Golf Course Road >>Gurgaon Gurugram Sec Fifty Six >>Gurgaon Market Branch >>Gurgaon Rosewood Branch >>Gurgaon Sec Eighty Six >>Gurgaon Sec Forty Nine >>Gurgaon Sec Twenty Nine >>Gurgaon Sector 14 >>Gurgaon Sector 22 Branch >>Gurgaon Sector Branch >>Gurgaon Sector Branch >>Gurgaon Sushant Lok Branch >>Gurugram Cyber Green >>Gurugram Sapphire Branch >>Gurugram Sec Sixty Nine >>Gurugram Sector Sec Branch >>Gurugram Sector Sixty Six >>Old Judicial Complex Branch >>Palam Vihar Branch >>Sadar Bazar Branch >>Sector Branch >>Sector Fifty Eight Branch >>Sohna Road Gurgaon >>Udyog Vihar Branch Gurgaon
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 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. is the MICR code of Kotak Bank for branch. MICR code for 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 is presented in the table alongside.
The MICR code is used in RBI cheque clearing process to identify the 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.