Kotak Bank Palsana Surat Gujarat MICR CODE

Find MICR Codes for Kotak Bank Palsana Surat Gujarat

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	394485502
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	Palsana
Contact	(02622) 655804
Bank Details	Kotak Mahindra Bank Palsana KKBK0000881

Location	Palsana, Surat
City	Palsana
District	Surat
State	Gujarat
Pincode	394315
Country	IN
Address	Kotak mahindra bank ltd. Ground floor, 1,2,3 & 4, thakorji commercial complex, mouje-palsana, talluka- palsana, dist.-surat, pin- 394 315 gujarat

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 394485502 for Palsana 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 394485502 of Kotak Mahindra Bank, Palsana branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Palsana 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 -

>>Palsana

MICR code for Kotak Bank Palsana

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 Palsana 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. 394485502 is the MICR code of Kotak Bank for Palsana branch. MICR code for Palsana 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 Palsana is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Palsana branch in palsana

The MICR code 394485502 is used in RBI cheque clearing process to identify the branch Palsana 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.

Copied!