Kotak Bank Vadodara Vadodara Gujarat MICR CODE

Find MICR Codes for Kotak Bank Vadodara Vadodara Gujarat

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Baroda City Co Operative Bank Ltd Karelibaug Branch
Contact 2464617
Bank Details Kotak Mahindra Bank The Baroda City Co Operative Bank Ltd Karelibaug Branch KKBK0BCCB03
Location Vadodara, Vadodara
City Vadodara
District Vadodara
State Gujarat
Pincode 390018
Country IN
Address The baroda city co operative bank ltd karelibaug branch opp. Sardar chhatralay, karelibaug,vadodara - 390 018
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 390156005 for The Baroda City Co Operative Bank Ltd Karelibaug 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 390156005 of Kotak Mahindra Bank, The Baroda City Co Operative Bank Ltd Karelibaug Branch branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for The Baroda City Co Operative Bank Ltd Karelibaug Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Kotak Bank The Baroda City Co Operative Bank Ltd Karelibaug 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 The Baroda City Co Operative Bank Ltd Karelibaug 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. 390156005 is the MICR code of Kotak Bank for The Baroda City Co Operative Bank Ltd Karelibaug Branch branch. MICR code for The Baroda City Co Operative Bank Ltd Karelibaug 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 The Baroda City Co Operative Bank Ltd Karelibaug Branch is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for The Baroda City Co Operative Bank Ltd Karelibaug Branch branch in vadodara

The MICR code 390156005 is used in RBI cheque clearing process to identify the branch The Baroda City Co Operative Bank Ltd Karelibaug 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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