Kotak Bank Sangrur Sangrur Punjab MICR CODE

Find MICR Codes for Kotak Bank Sangrur Sangrur Punjab

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sangrur Kaula Park
Contact (01672) 662878
Bank Details Kotak Mahindra Bank Sangrur Kaula Park KKBK0000265
Location Sangrur, Sangrur
City Sangrur
District Sangrur
State Punjab
Pincode 148001
Country IN
Address Kotak mahindra bank ltd basement & gr flr scf 9/10 kaula park sangrur punjab - 148 001
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 148485002 for Sangrur Kaula Park 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 148485002 of Kotak Mahindra Bank, Sangrur Kaula Park branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Sangrur Kaula Park branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Kotak Mahindra Bank are available with micr code -

>>Bahadurgarh Branch >>Sangrur Kaula Park

MICR code for Kotak Bank Sangrur Kaula Park

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 Sangrur Kaula Park 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. 148485002 is the MICR code of Kotak Bank for Sangrur Kaula Park branch. MICR code for Sangrur Kaula Park 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 Sangrur Kaula Park is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Sangrur Kaula Park branch in sangrur

The MICR code 148485002 is used in RBI cheque clearing process to identify the branch Sangrur Kaula Park 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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