Kotak Bank Hyderabad Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for Kotak Bank Hyderabad Hyderabad Andhra Pradesh

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rajadhani Co Operative Urban Bank Ltd Ramakrishna Puram
Contact Ravi Kanth - 040-27567353; Mobile-9866712203
Bank Details Kotak Mahindra Bank Rajadhani Co Operative Urban Bank Ltd Ramakrishna Puram KKBK0RCUB03
Location Hyderabad, Hyderabad
City Hyderabad
District Hyderabad
State Andhra Pradesh
Pincode 500035
Country IN
Address Rajadhani co operative urban bank ltd ramakrishna puram h. No. 11-13-1425, vnr complex, adj : to babujagjeevanram bhavan, ramakrishnapuram, kothapet, hyderabad--500035
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 500143260 for Rajadhani Co Operative Urban Bank Ltd Ramakrishna Puram 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 500143260 of Kotak Mahindra Bank, Rajadhani Co Operative Urban Bank Ltd Ramakrishna Puram branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Rajadhani Co Operative Urban Bank Ltd Ramakrishna Puram branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Kotak Bank Rajadhani Co Operative Urban Bank Ltd Ramakrishna Puram

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 Rajadhani Co Operative Urban Bank Ltd Ramakrishna Puram 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. 500143260 is the MICR code of Kotak Bank for Rajadhani Co Operative Urban Bank Ltd Ramakrishna Puram branch. MICR code for Rajadhani Co Operative Urban Bank Ltd Ramakrishna Puram 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 Rajadhani Co Operative Urban Bank Ltd Ramakrishna Puram is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Rajadhani Co Operative Urban Bank Ltd Ramakrishna Puram branch in hyderabad

The MICR code 500143260 is used in RBI cheque clearing process to identify the branch Rajadhani Co Operative Urban Bank Ltd Ramakrishna Puram 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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