Kotak Bank Krishna Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Kotak Bank Krishna Krishna Andhra Pradesh

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MICR Code	520485002
Bank	Kotak Mahindra Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Vijaywada M G Road
Contact	D No 40-1-48/1 M G Road Vijayawada Andhra Pradesh 520010
Bank Details	Kotak Mahindra Bank Vijaywada M G Road KKBK0000571

Location	Krishna, Krishna
City	Krishna
District	Krishna
State	Andhra Pradesh
Pincode
Country	IN
Address	Vijaywada-m g road

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 520485002 for Vijaywada M G Road 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 520485002 of Kotak Mahindra Bank, Vijaywada M G Road branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Vijaywada M G Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Kotak Mahindra Bank are available with micr code -

>>Vijaywada M G Road

MICR code for Kotak Bank Vijaywada M G Road

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 Vijaywada M G Road 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. 520485002 is the MICR code of Kotak Bank for Vijaywada M G Road branch. MICR code for Vijaywada M G Road 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 Vijaywada M G Road is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Vijaywada M G Road branch in krishna

The MICR code 520485002 is used in RBI cheque clearing process to identify the branch Vijaywada M G Road 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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