Kotak Bank Surat Surat Gujarat MICR CODE

Find MICR Codes for Kotak Bank Surat Surat Gujarat

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Katargam Avalon
Contact 22-66006022
Bank Details Kotak Mahindra Bank Katargam Avalon KKBK0002868
Location Surat, Surat
City Surat
District Surat
State Gujarat
Pincode 395004
Country IN
Address Ground floor shop nos 21 22 23 avalon commercial hub opp patidar samaj wadi ambatalavadi road katargam surat 395004
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 395485026 for Katargam Avalon 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 395485026 of Kotak Mahindra Bank, Katargam Avalon branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Katargam Avalon branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Kotak Bank Katargam Avalon

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 Katargam Avalon 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. 395485026 is the MICR code of Kotak Bank for Katargam Avalon branch. MICR code for Katargam Avalon 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 Katargam Avalon is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Katargam Avalon branch in surat

The MICR code 395485026 is used in RBI cheque clearing process to identify the branch Katargam Avalon 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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