Kotak Bank Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for Kotak Bank Nagpur Nagpur Maharashtra

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nagpur Mah Palika Karm Sah B L Gandhi Ng
Contact 0712-2520573
Bank Details Kotak Mahindra Bank Nagpur Mah Palika Karm Sah B L Gandhi Ng KKBK0NMPK04
Location Nagpur, Nagpur
City Nagpur
District Nagpur
State Maharashtra
Pincode 440001
Country IN
Address Nagpur mahanagar palika karmachari sahakari bank ltd gandhi nagar civil corporation nagpur maharashtra
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 440082287 for Nagpur Mah Palika Karm Sah B L Gandhi Ng 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 440082287 of Kotak Mahindra Bank, Nagpur Mah Palika Karm Sah B L Gandhi Ng branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Nagpur Mah Palika Karm Sah B L Gandhi Ng branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Kotak Bank Nagpur Mah Palika Karm Sah B L Gandhi Ng

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 Nagpur Mah Palika Karm Sah B L Gandhi Ng 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. 440082287 is the MICR code of Kotak Bank for Nagpur Mah Palika Karm Sah B L Gandhi Ng branch. MICR code for Nagpur Mah Palika Karm Sah B L Gandhi Ng 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 Nagpur Mah Palika Karm Sah B L Gandhi Ng is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Nagpur Mah Palika Karm Sah B L Gandhi Ng branch in nagpur

The MICR code 440082287 is used in RBI cheque clearing process to identify the branch Nagpur Mah Palika Karm Sah B L Gandhi Ng 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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