Kotak Bank Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for Kotak Bank Nagpur 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 Wardha Road Branch
Contact
Bank Details Kotak Mahindra Bank Wardha Road Branch KKBK0001842
Location Nagpur, Nagpur
City Nagpur
District Nagpur
State Maharashtra
Pincode 440025
Country IN
Address Ground floor 8 somal wada wardha road nagpur pin 440025
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 440485011 for Wardha Road 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 440485011 of Kotak Mahindra Bank, Wardha Road Branch branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Wardha Road Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Kotak Bank Wardha Road 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 Wardha Road 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. 440485011 is the MICR code of Kotak Bank for Wardha Road Branch branch. MICR code for Wardha Road 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 Wardha Road Branch is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Wardha Road Branch branch in nagpur

The MICR code 440485011 is used in RBI cheque clearing process to identify the branch Wardha Road 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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