Kotak Bank Hyderabad Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for Kotak Bank Hyderabad Hyderabad Andhra Pradesh

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Mahanagar Co Operative Urban Bank Limited Kachiguda
Contact 040-24736030
Bank Details Kotak Mahindra Bank The Mahanagar Co Operative Urban Bank Limited Kachiguda KKBK0MCUB01
Location Hyderabad, Hyderabad
City Hyderabad
District Hyderabad
State Andhra Pradesh
Pincode 500027
Country IN
Address The mahanagar co operative urban bank limited kachiguda 3-1-299 nimboliadda kachiguda 500027
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 500485254 for The Mahanagar Co Operative Urban Bank Limited Kachiguda 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 500485254 of Kotak Mahindra Bank, The Mahanagar Co Operative Urban Bank Limited Kachiguda branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for The Mahanagar Co Operative Urban Bank Limited Kachiguda branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Kotak Bank The Mahanagar Co Operative Urban Bank Limited Kachiguda

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 Mahanagar Co Operative Urban Bank Limited Kachiguda 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. 500485254 is the MICR code of Kotak Bank for The Mahanagar Co Operative Urban Bank Limited Kachiguda branch. MICR code for The Mahanagar Co Operative Urban Bank Limited Kachiguda 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 Mahanagar Co Operative Urban Bank Limited Kachiguda is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for The Mahanagar Co Operative Urban Bank Limited Kachiguda branch in hyderabad

The MICR code 500485254 is used in RBI cheque clearing process to identify the branch The Mahanagar Co Operative Urban Bank Limited Kachiguda 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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