Kotak Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Kotak Bank Pune Pune Maharashtra

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MICR Code	-NA-
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	Hinjewadi Phase I
Contact	1860-2662666
Bank Details	Kotak Mahindra Bank Hinjewadi Phase I KKBK0001819

Location	Pune, Pune
City	Pune
District	Pune
State	Maharashtra
Pincode	411057
Country	IN
Address	Kotak mahindra bank ltd 5 terminal one survey no 256 hissa no 7 hinjewadi phase i pune 411057 maharashtra

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 Hinjewadi Phase I 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, Hinjewadi Phase I branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Hinjewadi Phase I branch, makes the characters readable even if there are other marks and stamps on it.

A total of 59 branches of Kotak Mahindra Bank are available with micr code -

>>Aundh Pune >>Bhosari Branch >>Chinchwad Pune >>F C Road Cash Point >>Fatima Nagar Branch >>Hinjewadi Phase I >>Jai Bhavani Sah Bank Ltd Bhawani Peth >>Kalyani Nagar Branch >>Kalyaninagar Pune >>Karve Nagar Branch >>Katraj Branch >>Kharadi Branch >>Koregaon Park Branch Pune >>Koregaon Park Branch Pune >>Kothrud >>Kumtekar Road >>Manjari >>Manjari Kh Branch >>Model Colony Branch >>Narayan Laxmi Road Branch >>Navi Peth Branch >>Nigdi Branch Pune >>Pashan Branch >>Paud Road Branch Pune >>Pimple Saudagar Branch >>Pimpri Chinchwad Chafekar Chowk >>Pune >>Pune Aundh >>Pune Baner Road Branch >>Pune Bhandarkar Road >>Pune Chakan >>Pune Dhanori >>Pune Gangadham Chowk >>Pune Gunawadi Branch >>Pune Karhati Branch >>Pune Keshav Nagar >>Pune Khadki >>Pune Kondhave Khurd >>Pune Kothrud Branch >>Pune Madanwadi Branch >>Pune Millennium Star Dhole Patil Road Branch >>Pune Moshi >>Pune Pawarwadi Branch >>Pune Pimpri Chinchwad >>Pune Ravet >>Pune Raviwar Peth >>Pune Sinhgad Road Branch >>Pune Viman Nagar >>Pune Virwani Plaza >>Ramwadi >>Sahakar Nagar Branch >>Senapati Bapat Road Branch >>Swargate Pune >>Thermax Chowk >>Tilak Road Branch Pune >>Timber Market Branch >>Undri Branch >>Vishrantwadi Yerwada Branch >>Wakad Branch

MICR code for Kotak Bank Hinjewadi Phase I

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 Hinjewadi Phase I 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 Hinjewadi Phase I branch. MICR code for Hinjewadi Phase I 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 Hinjewadi Phase I is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Hinjewadi Phase I branch in pune

The MICR code 0 is used in RBI cheque clearing process to identify the branch Hinjewadi Phase I 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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