Kotak Bank Jamshedpur Purbi Singhbhum Jharkhand MICR CODE

Find MICR Codes for Kotak Bank Jamshedpur Purbi Singhbhum Jharkhand

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MICR Code	831485003
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	Jamshedpur Branch
Contact
Bank Details	Kotak Mahindra Bank Jamshedpur Branch KKBK0005703

Location	Jamshedpur, Purbi Singhbhum
City	Jamshedpur
District	Purbi Singhbhum
State	Jharkhand
Pincode	831011
Country	IN
Address	Basement gr floor 1st floor 2nd floor and 3rd floor 22 kalimali rd main rd sakchi jamshedpur 8310010

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 831485003 for Jamshedpur Branch 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 831485003 of Kotak Mahindra Bank, Jamshedpur Branch branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Jamshedpur Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Kotak Mahindra Bank are available with micr code -

>>Jamshedpur >>Jamshedpur Branch

MICR code for Kotak Bank Jamshedpur Branch

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 Jamshedpur Branch 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. 831485003 is the MICR code of Kotak Bank for Jamshedpur Branch branch. MICR code for Jamshedpur Branch 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 Jamshedpur Branch is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Jamshedpur Branch branch in jamshedpur

The MICR code 831485003 is used in RBI cheque clearing process to identify the branch Jamshedpur 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.

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