Kotak Bank Salem Salem Tamil Nadu MICR CODE

Find MICR Codes for Kotak Bank Salem Salem Tamil Nadu

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Salem Alagapuram
Contact (0427) 4554500
Bank Details Kotak Mahindra Bank Salem Alagapuram KKBK0000521
Location Salem, Salem
City Salem
District Salem
State Tamil Nadu
Pincode 636004
Country IN
Address Plot no.12, s no.98, bharathi street alagapuram salem tamil nadu 636004
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 636485002 for Salem Alagapuram 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 636485002 of Kotak Mahindra Bank, Salem Alagapuram branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Salem Alagapuram 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 -

>>Bharati Vidyalaya Higher Secondary School Salem >>Gugai Branch >>Salem >>Salem Alagapuram >>Salem Brindavan Road

MICR code for Kotak Bank Salem Alagapuram

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 Salem Alagapuram 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. 636485002 is the MICR code of Kotak Bank for Salem Alagapuram branch. MICR code for Salem Alagapuram 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 Salem Alagapuram is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Salem Alagapuram branch in salem

The MICR code 636485002 is used in RBI cheque clearing process to identify the branch Salem Alagapuram 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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