Kotak Bank Shirpur Dhule Maharashtra MICR CODE

Find MICR Codes for Kotak Bank Shirpur Dhule 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 Shirpur Peoples Co Op Ltd Shirpur Branch
Contact 02563-256271
Bank Details Kotak Mahindra Bank The Shirpur Peoples Co Op Ltd Shirpur Branch KKBK0SPCB01
Location Shirpur, Dhule
City Shirpur
District Dhule
State Maharashtra
Pincode 425405
Country IN
Address The shirpur peoples co-op ltd shirpur branch, maharaja complex, shirpur-425405 dist dhule, maharashtra
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 425874052 for The Shirpur Peoples Co Op Ltd Shirpur 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 425874052 of Kotak Mahindra Bank, The Shirpur Peoples Co Op Ltd Shirpur Branch branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for The Shirpur Peoples Co Op Ltd Shirpur Branch 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 -

>>The Shirpur Merchants Co Op Bank Ltd Shirpur >>The Shirpur Peoples Co Op Ltd Shirpur Branch

MICR code for Kotak Bank The Shirpur Peoples Co Op Ltd Shirpur 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 Shirpur Peoples Co Op Ltd Shirpur 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. 425874052 is the MICR code of Kotak Bank for The Shirpur Peoples Co Op Ltd Shirpur Branch branch. MICR code for The Shirpur Peoples Co Op Ltd Shirpur 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 Shirpur Peoples Co Op Ltd Shirpur Branch is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for The Shirpur Peoples Co Op Ltd Shirpur Branch branch in shirpur

The MICR code 425874052 is used in RBI cheque clearing process to identify the branch The Shirpur Peoples Co Op Ltd Shirpur 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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