Kotak Bank Vadodara Sama Gujarat MICR CODE

Find MICR Codes for Kotak Bank Vadodara Sama Gujarat

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sama Branch
Contact
Bank Details Kotak Mahindra Bank Sama Branch KKBK0002756
Location Vadodara, Sama
City Vadodara
District Sama
State Gujarat
Pincode 390008
Country IN
Address Gr floor vismay 2 3 city park society next to gujarat surgical hospital sama vadodara 390008 gujarat
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 Sama 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, Sama Branch branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Sama 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 -

>>Sama Branch

MICR code for Kotak Bank Sama 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 Sama 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 Sama Branch branch. MICR code for Sama 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 Sama Branch is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Sama Branch branch in vadodara

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sama 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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