Kotak Bank Morbi Rajkot Gujarat MICR CODE

Find MICR Codes for Kotak Bank Morbi Rajkot Gujarat

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MICR Code	363485021
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	Gujarat Morbi
Contact	(02822) 221745
Bank Details	Kotak Mahindra Bank Gujarat Morbi KKBK0000818

Location	Morbi, Rajkot
City	Morbi
District	Rajkot
State	Gujarat
Pincode	360001
Country	IN
Address	5,6,7,8, silver plaza, ram chowk, savasar plot, main road, morbi, dist. Rajkot, gujarat.

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 363485021 for Gujarat Morbi 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 363485021 of Kotak Mahindra Bank, Gujarat Morbi branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Gujarat Morbi 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 -

>>Gujarat Morbi

MICR code for Kotak Bank Gujarat Morbi

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 Gujarat Morbi 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. 363485021 is the MICR code of Kotak Bank for Gujarat Morbi branch. MICR code for Gujarat Morbi 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 Gujarat Morbi is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Gujarat Morbi branch in morbi

The MICR code 363485021 is used in RBI cheque clearing process to identify the branch Gujarat Morbi 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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