Kotak Bank Ranchi Ranchi Jharkhand MICR CODE

Find MICR Codes for Kotak Bank Ranchi Ranchi Jharkhand

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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	Ranchi Kutchery Road
Contact	1860-2662666
Bank Details	Kotak Mahindra Bank Ranchi Kutchery Road KKBK0005637

Location	Ranchi, Ranchi
City	Ranchi
District	Ranchi
State	Jharkhand
Pincode	834001
Country	IN
Address	Ground, first & second floor, plot no 1384, ward no 3, kutchery road, ranchi, 834001 jharkhand

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

A total of 5 branches of Kotak Mahindra Bank are available with micr code -

>>Booty More Branch >>Ranchi >>Ranchi Jharkhand Branch >>Ranchi Kutchery Road >>Ranchi Morabadi

MICR code for Kotak Bank Ranchi Kutchery Road

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 Ranchi Kutchery Road 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 Ranchi Kutchery Road branch. MICR code for Ranchi Kutchery Road 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 Ranchi Kutchery Road is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Ranchi Kutchery Road branch in ranchi

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