Kotak Bank Kukatpally Ranga Reddy Andhra Pradesh MICR CODE

Find MICR Codes for Kotak Bank Kukatpally Ranga Reddy Andhra Pradesh

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hyderabad Kukatpally
Contact (040) 42206521
Bank Details Kotak Mahindra Bank Hyderabad Kukatpally KKBK0000560
Location Kukatpally, Ranga Reddy
City Kukatpally
District Ranga Reddy
State Andhra Pradesh
Pincode 500072
Country IN
Address Kotak mahindra bank ltd. Plot no. 964, ground floor, vasanth nagar, hyder nagar cross, dist. Rangareddy, kukatpally, hyderabad - 500 072
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 500485008 for Hyderabad Kukatpally 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 500485008 of Kotak Mahindra Bank, Hyderabad Kukatpally branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Hyderabad Kukatpally 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 -

>>Hyderabad Kukatpally

MICR code for Kotak Bank Hyderabad Kukatpally

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 Hyderabad Kukatpally 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. 500485008 is the MICR code of Kotak Bank for Hyderabad Kukatpally branch. MICR code for Hyderabad Kukatpally 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 Hyderabad Kukatpally is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Hyderabad Kukatpally branch in kukatpally

The MICR code 500485008 is used in RBI cheque clearing process to identify the branch Hyderabad Kukatpally 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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