Kotak Bank Rajkot Rajkot Gujarat MICR CODE

Find MICR Codes for Kotak Bank Rajkot Rajkot Gujarat

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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	Rajkot Palace Road Branch
Contact	66056993
Bank Details	Kotak Mahindra Bank Rajkot Palace Road Branch KKBK0002793

Location	Rajkot, Rajkot
City	Rajkot
District	Rajkot
State	Gujarat
Pincode	360001
Country	IN
Address	Gr floor,shop no 7 to 9,raj plaza plot no 1,ranjit vilas palace,division c,palace rd,rajkot 360001

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 0 for Rajkot Palace Road 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 0 of Kotak Mahindra Bank, Rajkot Palace Road Branch branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Rajkot Palace Road Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 20 branches of Kotak Mahindra Bank are available with micr code -

>>Anand Bunglow Chowk Rajkot Branch >>Bhakti Nagar Branch >>Kothariya Road >>Mavdi >>Pedak Road Branch >>Rajkot >>Rajkot Govardhan Chowk >>Rajkot Jivraj Park >>Rajkot Kalavad Road Branch >>Rajkot Palace Road Branch >>Rajkot Race Course >>Rajkot Rina Road Branch >>Rajkot Shapar >>Rajkot Shital Park Brts >>University Road Rajkot Branch >>Vijay Commercial Co Operative Bank >>Vijay Commercial Co Operative Bank Ltd Head Office Kanak Road >>Vijay Commercial Co Operative Bank Ltd Marketing Yard >>Vijay Commercial Co Operative Bank Ltd Sorthiyawadi >>Vijay Commercial Co Operative Bank Ltd Stock Exchange

MICR code for Kotak Bank Rajkot Palace Road 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 Rajkot Palace Road 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. 0 is the MICR code of Kotak Bank for Rajkot Palace Road Branch branch. MICR code for Rajkot Palace Road 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 Rajkot Palace Road Branch is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Rajkot Palace Road Branch branch in rajkot

The MICR code 0 is used in RBI cheque clearing process to identify the branch Rajkot Palace Road 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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