Kotak Bank Ranip Ahmadabad Gujarat MICR CODE

Find MICR Codes for Kotak Bank Ranip Ahmadabad Gujarat

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shree Kadi Nagarik Sahakari Bank Ltd Ranip Branch
Contact 07927528046/ 27528047
Bank Details Kotak Mahindra Bank Shree Kadi Nagarik Sahakari Bank Ltd Ranip Branch KKBK0KNSB03
Location Ranip, Ahmadabad
City Ranip
District Ahmadabad
State Gujarat
Pincode 382480
Country IN
Address Shree kadi nagarik sahakari bank ltd ranip branch 1 - nathalal park society, nr. Gayatri mandir, balol nagar char rasta, ranip, ahmedabad, pin-382480.
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 380802003 for Shree Kadi Nagarik Sahakari Bank Ltd Ranip 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 380802003 of Kotak Mahindra Bank, Shree Kadi Nagarik Sahakari Bank Ltd Ranip Branch branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Shree Kadi Nagarik Sahakari Bank Ltd Ranip 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 -

>>Shree Kadi Nagarik Sahakari Bank Ltd Ranip Branch

MICR code for Kotak Bank Shree Kadi Nagarik Sahakari Bank Ltd Ranip 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 Shree Kadi Nagarik Sahakari Bank Ltd Ranip 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. 380802003 is the MICR code of Kotak Bank for Shree Kadi Nagarik Sahakari Bank Ltd Ranip Branch branch. MICR code for Shree Kadi Nagarik Sahakari Bank Ltd Ranip 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 Shree Kadi Nagarik Sahakari Bank Ltd Ranip Branch is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Shree Kadi Nagarik Sahakari Bank Ltd Ranip Branch branch in ranip

The MICR code 380802003 is used in RBI cheque clearing process to identify the branch Shree Kadi Nagarik Sahakari Bank Ltd Ranip 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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