Kotak Bank Secunderabad Secunderabad Andhra Pradesh MICR CODE

Find MICR Codes for Kotak Bank Secunderabad Secunderabad 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 Secunderabad Ranigunj
Contact 22-66006022
Bank Details Kotak Mahindra Bank Secunderabad Ranigunj KKBK0007534
Location Secunderabad, Secunderabad
City Secunderabad
District Secunderabad
State Andhra Pradesh
Pincode 500003
Country IN
Address Ground floor h no 2 2 150 2 2 150a 2 2 150b 2 2 15011 situated at james street ranigunj mg road secunderabad 500003
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 500485052 for Secunderabad Ranigunj 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 500485052 of Kotak Mahindra Bank, Secunderabad Ranigunj branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Secunderabad Ranigunj 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 -

>>Secunderabad Ranigunj

MICR code for Kotak Bank Secunderabad Ranigunj

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 Secunderabad Ranigunj 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. 500485052 is the MICR code of Kotak Bank for Secunderabad Ranigunj branch. MICR code for Secunderabad Ranigunj 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 Secunderabad Ranigunj is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Secunderabad Ranigunj branch in secunderabad

The MICR code 500485052 is used in RBI cheque clearing process to identify the branch Secunderabad Ranigunj 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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