Kotak Bank Gurgaon Gurgaon Haryana MICR CODE

Find MICR Codes for Kotak Bank Gurgaon Gurgaon Haryana

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gurugram Sec Sixty Nine
Contact 22-66006022
Bank Details Kotak Mahindra Bank Gurugram Sec Sixty Nine KKBK0004287
Location Gurgaon, Gurgaon
City Gurgaon
District Gurgaon
State Haryana
Pincode 122006
Country IN
Address Ground floor shop no 14 15 16 and 26 tower b spaze corporate park sector 69 and 70 gurugram 122 006
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 Gurugram Sec Sixty Nine 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, Gurugram Sec Sixty Nine branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Gurugram Sec Sixty Nine branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Kotak Bank Gurugram Sec Sixty Nine

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 Gurugram Sec Sixty Nine 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 Gurugram Sec Sixty Nine branch. MICR code for Gurugram Sec Sixty Nine 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 Gurugram Sec Sixty Nine is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Gurugram Sec Sixty Nine branch in gurgaon

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gurugram Sec Sixty Nine 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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