Kotak Bank Shimoga Shimoga Karnataka MICR CODE

Find MICR Codes for Kotak Bank Shimoga Shimoga Karnataka

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MICR Code	-NA-
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	National Education Society Shimoga
Contact
Bank Details	Kotak Mahindra Bank National Education Society Shimoga KKBK0008293

Location	Shimoga, Shimoga
City	Shimoga
District	Shimoga
State	Karnataka
Pincode	577201
Country	IN
Address	National education society building balaraj urs road shimoga 577201

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 National Education Society Shimoga 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, National Education Society Shimoga branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for National Education Society Shimoga branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Kotak Mahindra Bank are available with micr code -

>>Beguru Branch >>Jawaharlal Nehru National College Of Engineering Shimoga >>National Education Society Shimoga >>Shimoga

MICR code for Kotak Bank National Education Society Shimoga

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 National Education Society Shimoga 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 National Education Society Shimoga branch. MICR code for National Education Society Shimoga 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 National Education Society Shimoga is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for National Education Society Shimoga branch in shimoga

The MICR code 0 is used in RBI cheque clearing process to identify the branch National Education Society Shimoga 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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