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 Samatha Mahila Co Op Urban Bank Ltd Dilsukhnagar
Contact 9700999400
Bank Details Kotak Mahindra Bank Samatha Mahila Co Op Urban Bank Ltd Dilsukhnagar KKBK0SMUB01
Location Hyderabad, Hyderabad
City Hyderabad
District Hyderabad
State Andhra Pradesh
Pincode 500060
Country IN
Address Samatha mahila co-op urban bank ltd dilsukhnagar d.no : 4-30/1, up stairs, vikas nagar, opp shivalayam, dilsukhnagar, hyderabad, pin - 500 060, andhra pradesh.
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 500485252 for Samatha Mahila Co Op Urban Bank Ltd Dilsukhnagar 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 500485252 of Kotak Mahindra Bank, Samatha Mahila Co Op Urban Bank Ltd Dilsukhnagar branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Samatha Mahila Co Op Urban Bank Ltd Dilsukhnagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Kotak Bank Samatha Mahila Co Op Urban Bank Ltd Dilsukhnagar

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 Samatha Mahila Co Op Urban Bank Ltd Dilsukhnagar 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. 500485252 is the MICR code of Kotak Bank for Samatha Mahila Co Op Urban Bank Ltd Dilsukhnagar branch. MICR code for Samatha Mahila Co Op Urban Bank Ltd Dilsukhnagar 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 Samatha Mahila Co Op Urban Bank Ltd Dilsukhnagar is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Samatha Mahila Co Op Urban Bank Ltd Dilsukhnagar branch in hyderabad

The MICR code 500485252 is used in RBI cheque clearing process to identify the branch Samatha Mahila Co Op Urban Bank Ltd Dilsukhnagar 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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