Kotak Bank Narsipatnam Vishakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Kotak Bank Narsipatnam Vishakhapatnam Andhra Pradesh

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Narsipatnam
Contact 22-66006022
Bank Details Kotak Mahindra Bank Narsipatnam KKBK0007714
Location Narsipatnam, Vishakhapatnam
City Narsipatnam
District Vishakhapatnam
State Andhra Pradesh
Pincode 531116
Country IN
Address Upper ground floor 1 1 160 shanthi nagar ward no 10 narsipatnam mandal rajahmundry rural district visakhapatnam narsipatnam 531116 andhra pradesh
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 Narsipatnam 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, Narsipatnam branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Narsipatnam 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 -

>>Narsipatnam

MICR code for Kotak Bank Narsipatnam

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

Use of Kotak Mahindra Bank MICR code for Narsipatnam branch in narsipatnam

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