Kotak Bank Rewa Karahiya Madhya Pradesh MICR CODE

Find MICR Codes for Kotak Bank Rewa Karahiya Madhya Pradesh

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Karahiya Branch
Contact
Bank Details Kotak Mahindra Bank Karahiya Branch KKBK0005954
Location Rewa, Karahiya
City Rewa
District Karahiya
State Madhya Pradesh
Pincode 486003
Country IN
Address Gr flr khasra no 75 opp new grain market karahiya post rewa tehsil huzur district rewa mp pin 486001
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 486485001 for Karahiya 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 486485001 of Kotak Mahindra Bank, Karahiya Branch branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Karahiya Branch 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 -

>>Karahiya Branch

MICR code for Kotak Bank Karahiya 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 Karahiya 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. 486485001 is the MICR code of Kotak Bank for Karahiya Branch branch. MICR code for Karahiya 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 Karahiya Branch is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Karahiya Branch branch in rewa

The MICR code 486485001 is used in RBI cheque clearing process to identify the branch Karahiya 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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