Kotak Bank Moradabad Moradabad Uttar Pradesh MICR CODE

Find MICR Codes for Kotak Bank Moradabad Moradabad Uttar Pradesh

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MICR Code	244485002
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	Moradabad Civil Lines
Contact	(0591) 2420033
Bank Details	Kotak Mahindra Bank Moradabad Civil Lines KKBK0000144

Location	Moradabad, Moradabad
City	Moradabad
District	Moradabad
State	Uttar Pradesh
Pincode	244001
Country	IN
Address	Shree ganpati plaza, near ekta dwar, civil lines moradabad uttar pradesh 244 001

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 244485002 for Moradabad Civil Lines 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 244485002 of Kotak Mahindra Bank, Moradabad Civil Lines branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Moradabad Civil Lines branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Kotak Mahindra Bank are available with micr code -

>>Moradabad >>Moradabad Civil Lines >>Moradabad Lajpat Nagar

MICR code for Kotak Bank Moradabad Civil Lines

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 Moradabad Civil Lines 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. 244485002 is the MICR code of Kotak Bank for Moradabad Civil Lines branch. MICR code for Moradabad Civil Lines 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 Moradabad Civil Lines is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Moradabad Civil Lines branch in moradabad

The MICR code 244485002 is used in RBI cheque clearing process to identify the branch Moradabad Civil Lines 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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