Kotak Bank Thane Navi Mumbai Maharashtra MICR CODE

Find MICR Codes for Kotak Bank Thane Navi Mumbai Maharashtra

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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	Navi Mumbai Kamothe Branch
Contact
Bank Details	Kotak Mahindra Bank Navi Mumbai Kamothe Branch KKBK0001472

Location	Thane, Navi Mumbai
City	Thane
District	Navi Mumbai
State	Maharashtra
Pincode	410209
Country	IN
Address	Ground floor shop no 2 3 4 5 and 6 shubhangan complex shubhangam complex chsl building no ii sector 7 plot no 25a phase ii kamothe navi mumbai 410209

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 Navi Mumbai Kamothe Branch 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, Navi Mumbai Kamothe Branch branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Navi Mumbai Kamothe Branch 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 -

>>Kalamboli Branch >>Navi Mumbai Kamothe Branch >>Navi Mumbai Sanpada Sec Fourteen

MICR code for Kotak Bank Navi Mumbai Kamothe Branch

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 Navi Mumbai Kamothe Branch 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 Navi Mumbai Kamothe Branch branch. MICR code for Navi Mumbai Kamothe Branch 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 Navi Mumbai Kamothe Branch is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Navi Mumbai Kamothe Branch branch in thane

The MICR code 0 is used in RBI cheque clearing process to identify the branch Navi Mumbai Kamothe Branch 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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