Kotak Bank Narhe Pune Maharashtra MICR CODE

Find MICR Codes for Kotak Bank Narhe Pune Maharashtra

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shri Rukhmini Sahakari Bank Ltd Narhe
Contact
Bank Details Kotak Mahindra Bank Shri Rukhmini Sahakari Bank Ltd Narhe KKBK0SRSB08
Location Narhe, Pune
City Narhe
District Pune
State Maharashtra
Pincode 411041
Country IN
Address Shri rukhmini sahakari bank ltd sr s no 44 swami landmark building narhe tal haveli dist pune 411041
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 411485265 for Shri Rukhmini Sahakari Bank Ltd Narhe 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 411485265 of Kotak Mahindra Bank, Shri Rukhmini Sahakari Bank Ltd Narhe branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Shri Rukhmini Sahakari Bank Ltd Narhe 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 -

>>Shri Rukhmini Sahakari Bank Ltd Narhe

MICR code for Kotak Bank Shri Rukhmini Sahakari Bank Ltd Narhe

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 Shri Rukhmini Sahakari Bank Ltd Narhe 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. 411485265 is the MICR code of Kotak Bank for Shri Rukhmini Sahakari Bank Ltd Narhe branch. MICR code for Shri Rukhmini Sahakari Bank Ltd Narhe 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 Shri Rukhmini Sahakari Bank Ltd Narhe is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Shri Rukhmini Sahakari Bank Ltd Narhe branch in narhe

The MICR code 411485265 is used in RBI cheque clearing process to identify the branch Shri Rukhmini Sahakari Bank Ltd Narhe 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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