Kotak Bank Kochi Ernakulam Kerala MICR CODE

Find MICR Codes for Kotak Bank Kochi Ernakulam Kerala

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Mattancherry Sarvajanik Cooperative Bank Ltd Mulamkuzhi
Contact 4842221314
Bank Details Kotak Mahindra Bank The Mattancherry Sarvajanik Cooperative Bank Ltd Mulamkuzhi KKBK0MSCB03
Location Kochi, Ernakulam
City Kochi
District Ernakulam
State Kerala
Pincode
Country IN
Address The mattancherry sarvajanik cooperative bank lt no. 3284, 15/2033(new24/400), mulamkuzhi junction , cochin -2
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 682859004 for The Mattancherry Sarvajanik Cooperative Bank Ltd Mulamkuzhi 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 682859004 of Kotak Mahindra Bank, The Mattancherry Sarvajanik Cooperative Bank Ltd Mulamkuzhi branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for The Mattancherry Sarvajanik Cooperative Bank Ltd Mulamkuzhi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Kotak Bank The Mattancherry Sarvajanik Cooperative Bank Ltd Mulamkuzhi

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 Mattancherry Sarvajanik Cooperative Bank Ltd Mulamkuzhi 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. 682859004 is the MICR code of Kotak Bank for The Mattancherry Sarvajanik Cooperative Bank Ltd Mulamkuzhi branch. MICR code for The Mattancherry Sarvajanik Cooperative Bank Ltd Mulamkuzhi 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 Mattancherry Sarvajanik Cooperative Bank Ltd Mulamkuzhi is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for The Mattancherry Sarvajanik Cooperative Bank Ltd Mulamkuzhi branch in kochi

The MICR code 682859004 is used in RBI cheque clearing process to identify the branch The Mattancherry Sarvajanik Cooperative Bank Ltd Mulamkuzhi 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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