Kotak Bank Buti Bori Nagpur Maharashtra MICR CODE

Find MICR Codes for Kotak Bank Buti Bori Nagpur Maharashtra

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Chitnavispura Sahakari Bank Ltd Butibori
Contact 07103-262293
Bank Details Kotak Mahindra Bank The Chitnavispura Sahakari Bank Ltd Butibori KKBK0TCSB06
Location Buti Bori, Nagpur
City Buti Bori
District Nagpur
State Maharashtra
Pincode
Country IN
Address The chitnavispura sahakari bank ltd butibori nagpure bhavan near police station butibori, (district nagpur)
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 440199006 for The Chitnavispura Sahakari Bank Ltd Butibori 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 440199006 of Kotak Mahindra Bank, The Chitnavispura Sahakari Bank Ltd Butibori branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for The Chitnavispura Sahakari Bank Ltd Butibori branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Kotak Mahindra Bank are available with micr code -

>>Nagpur Butibori >>The Chitnavispura Sahakari Bank Ltd Butibori

MICR code for Kotak Bank The Chitnavispura Sahakari Bank Ltd Butibori

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 Chitnavispura Sahakari Bank Ltd Butibori 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. 440199006 is the MICR code of Kotak Bank for The Chitnavispura Sahakari Bank Ltd Butibori branch. MICR code for The Chitnavispura Sahakari Bank Ltd Butibori 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 Chitnavispura Sahakari Bank Ltd Butibori is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for The Chitnavispura Sahakari Bank Ltd Butibori branch in buti bori

The MICR code 440199006 is used in RBI cheque clearing process to identify the branch The Chitnavispura Sahakari Bank Ltd Butibori 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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