Kotak Bank Nasik Nashik Maharashtra MICR CODE

Find MICR Codes for Kotak Bank Nasik Nashik Maharashtra

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nasik Thatte Nagar Road
Contact (0253) 6617038
Bank Details Kotak Mahindra Bank Nasik Thatte Nagar Road KKBK0000694
Location Nasik, Nashik
City Nasik
District Nashik
State Maharashtra
Pincode 422005
Country IN
Address Shop no.1,‘payas’,opp. B.y.k. College,thatte nagar road, nasik,  maharashtra-422 005.
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 422485002 for Nasik Thatte Nagar Road 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 422485002 of Kotak Mahindra Bank, Nasik Thatte Nagar Road branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Nasik Thatte Nagar Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Kotak Mahindra Bank are available with micr code -

>>Nashik Shivaji Road >>Nasik Thatte Nagar Road

MICR code for Kotak Bank Nasik Thatte Nagar Road

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 Nasik Thatte Nagar Road 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. 422485002 is the MICR code of Kotak Bank for Nasik Thatte Nagar Road branch. MICR code for Nasik Thatte Nagar Road 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 Nasik Thatte Nagar Road is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Nasik Thatte Nagar Road branch in nasik

The MICR code 422485002 is used in RBI cheque clearing process to identify the branch Nasik Thatte Nagar Road 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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