Kotak mahindra bank ltd, hotel savera compound, rewa road, satna - 485001. Madhya pradesh
Search Kotak Bank MICR Codes in satna
You can search through MICR Codes of Kotak Bank in satna District of Madhya Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.
A total of 2 branches of Kotak Mahindra Bank are available with micr code
MICR codes for Kotak Bank in satna are given in the table alongside. Details like address and contact numbers are also provided along with the MICR code. Narrow down your search either by selecting any particular city from the drop down list or by selecting the city from Kotak Mahindra Bank MICR codes list in satna given on the right side. You can find MICR codes for all Kotak Bank satna district of Madhya Pradesh state here.
Kotak Mahindra Bank MICR code in satna
Kotak Bank MICR code for satna is used in banking industry for processing cheques and MICR stands for Magnetic Ink Character Recognition. It is used to identify the bank branch to which the cheque belongs. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR technology speeds up the whole process compared to manual reading and sorting. MICR code for Kotak Mahindra Bank satna branches is present at the bottom of every cheque leaf.
What does Kotak Mahindra Bank MICR code for satna comprise of?
Kotak Mahindra Bank MICR code for satna is a standard 9 digit code. The MICR number can have only 14 characters viz. the numbers 0-9 and for special symbols- transit, amount, on-us, and dash. Kotak Bank MICR code for Madhya Pradesh branches comprises of the document type indicator, bank code, cheque number, etc. Kotak Bank Madhya Pradesh MICR code uses typically either of these two fonts E-138 and CMC-7. The MICR technology makes the characters readable even if they are obscured by stamps and signatures. This code is used By Reserve bank Of India in clearing process to identify the branch and bank.