Kotak Bank Jetpur Rajkot Gujarat MICR CODE

Find MICR Codes for Kotak Bank Jetpur Rajkot Gujarat

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jetpur
Contact 22-66006022
Bank Details Kotak Mahindra Bank Jetpur KKBK0003048
Location Jetpur, Rajkot
City Jetpur
District Rajkot
State Gujarat
Pincode 360370
Country IN
Address Ground floor shop no 4 shree mangalam old amber cinema kanakia plot jetpur 360370 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 0 for Jetpur 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, Jetpur branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Jetpur 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 -

>>Jetpur

MICR code for Kotak Bank Jetpur

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 Jetpur 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 Jetpur branch. MICR code for Jetpur 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 Jetpur is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Jetpur branch in jetpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Jetpur 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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