Kotak Bank Cp Inner Circle Connaught Place New Delhi MICR CODE

Find MICR Codes for Kotak Bank Cp Inner Circle Connaught Place New Delhi

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MICR Code	110485045
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	New Delhi Cp Inner Circle
Contact	(011) 43720415/21
Bank Details	Kotak Mahindra Bank New Delhi Cp Inner Circle KKBK0000214

Location	Cp Inner Circle, Connaught Place
City	Cp Inner Circle
District	Connaught Place
State	New Delhi
Pincode	110001
Country	IN
Address	Kotak mahindra bank ltd, kashi house, a-27/8a, connaught place, delhi - 110001

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 110485045 for New Delhi Cp Inner Circle 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 110485045 of Kotak Mahindra Bank, New Delhi Cp Inner Circle branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for New Delhi Cp Inner Circle 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 -

>>New Delhi Cp Inner Circle

MICR code for Kotak Bank New Delhi Cp Inner Circle

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 New Delhi Cp Inner Circle 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. 110485045 is the MICR code of Kotak Bank for New Delhi Cp Inner Circle branch. MICR code for New Delhi Cp Inner Circle 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 New Delhi Cp Inner Circle is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for New Delhi Cp Inner Circle branch in cp inner circle

The MICR code 110485045 is used in RBI cheque clearing process to identify the branch New Delhi Cp Inner Circle 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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