Kotak Bank Pimpri Chinchwad Pune Maharashtra MICR CODE

Find MICR Codes for Kotak Bank Pimpri Chinchwad Pune Maharashtra

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MICR Code	411485040
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	Pimpri Branch
Contact
Bank Details	Kotak Mahindra Bank Pimpri Branch KKBK0001798

Location	Pimpri Chinchwad, Pune
City	Pimpri Chinchwad
District	Pune
State	Maharashtra
Pincode	411017
Country	IN
Address	Gr mezzanine and basement kudale plaza survey 11 hissa 1 1d 1 2 3 4 5 6 cts 879 waghere pune 411017

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 411485040 for Pimpri 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 411485040 of Kotak Mahindra Bank, Pimpri Branch branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Pimpri Branch 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 -

>>Pimpri Branch

MICR code for Kotak Bank Pimpri 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 Pimpri 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. 411485040 is the MICR code of Kotak Bank for Pimpri Branch branch. MICR code for Pimpri 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 Pimpri Branch is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Pimpri Branch branch in pimpri chinchwad

The MICR code 411485040 is used in RBI cheque clearing process to identify the branch Pimpri 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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