Kotak Bank Surat Surat Gujarat MICR CODE

Find MICR Codes for Kotak Bank Surat Surat Gujarat

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Surat Cloth Market (Ring Road)
Contact (0261) 6693312
Bank Details Kotak Mahindra Bank Surat Cloth Market (Ring Road) KKBK0000876
Location Surat, Surat
City Surat
District Surat
State Gujarat
Pincode 394220
Country IN
Address Kotak mahindra bank ltd,1st floor,shanti point,surat - cloth market (ring road)surat - 395002,gujarat,india
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 395485004 for Surat Cloth Market (Ring Road) 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 395485004 of Kotak Mahindra Bank, Surat Cloth Market (Ring Road) branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Surat Cloth Market (Ring Road) branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Kotak Bank Surat Cloth Market (Ring Road)

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 Surat Cloth Market (Ring Road) 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. 395485004 is the MICR code of Kotak Bank for Surat Cloth Market (Ring Road) branch. MICR code for Surat Cloth Market (Ring Road) 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 Surat Cloth Market (Ring Road) is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Surat Cloth Market (Ring Road) branch in surat

The MICR code 395485004 is used in RBI cheque clearing process to identify the branch Surat Cloth Market (Ring Road) 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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