Kotak Bank Pen Raigad Maharashtra MICR CODE

Find MICR Codes for Kotak Bank Pen Raigad 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	Pen Branch
Contact
Bank Details	Kotak Mahindra Bank Pen Branch KKBK0001985

Location	Pen, Raigad
City	Pen
District	Raigad
State	Maharashtra
Pincode	402107
Country	IN
Address	Kotak mahindra bank ltd, shop no 2,3,4,5 & hall, ground floor, m n patil sahakar bhavan, plot no. C-14, mhada colony, antora phata, pen - 402107, district - raigad, maharashtra

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	Hamrapur Branch
Contact	18001026022
Bank Details	Kotak Mahindra Bank Hamrapur Branch KKBK0002019

Location	Pen, Raigad
City	Pen
District	Raigad
State	Maharashtra
Pincode	402107
Country	IN
Address	Kotak mahindra bank ground floor, shop no. 1,2 & 3, house no 352/b, at post : hamrapur, pin - 402107, taluka : pen, district : raigarh. Maharashtra.

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.

Search Kotak Bank MICR Codes in raigad

You can search through MICR Codes of Maharashtra branches in pen of District raigad in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

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

>>Hamrapur Branch >>Pen Branch

How to find MICR codes for Kotak Bank in pen?

Kotak Bank pen MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Kotak Mahindra Bank MICR codes list for pen, one can further search by branch name specified in the table. You can find MICR codes for all Kotak Bank pen branches.

Kotak Mahindra Bank MICR code in pen

Kotak Bank MICR code is a character recognition technology used by banks in the processing of cheques. Kotak Mahindra Bank MICR code for pen branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Kotak Bank branches in pen, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Kotak Bank MICR code for pen branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Kotak Bank pen branch, sprinted 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. Thus MICR code for Kotak Mahindra Bank pen branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Kotak Bank MICR codes for pen branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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