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 Mezzanine Lalgate Branch
Contact 66056993
Bank Details Kotak Mahindra Bank Surat Mezzanine Lalgate Branch KKBK0002850
Location Surat, Surat
City Surat
District Surat
State Gujarat
Pincode 395003
Country IN
Address Gr floor mezzanine 1t and 2nd floor 1812 b lalgate main road kanpith bazar lalgate surat pin 395003
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 0 for Surat Mezzanine Lalgate 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 0 of Kotak Mahindra Bank, Surat Mezzanine Lalgate Branch branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Surat Mezzanine Lalgate Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Kotak Bank Surat Mezzanine Lalgate 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 Surat Mezzanine Lalgate 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. 0 is the MICR code of Kotak Bank for Surat Mezzanine Lalgate Branch branch. MICR code for Surat Mezzanine Lalgate 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 Surat Mezzanine Lalgate Branch is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Surat Mezzanine Lalgate Branch branch in surat

The MICR code 0 is used in RBI cheque clearing process to identify the branch Surat Mezzanine Lalgate 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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