Kotak Bank Yelahanka Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Kotak Bank Yelahanka Bangalore Urban Karnataka

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Yelahanka New Town Branch Bangalore
Contact 18001026022
Bank Details Kotak Mahindra Bank Yelahanka New Town Branch Bangalore KKBK0008034
Location Yelahanka, Bangalore Urban
City Yelahanka
District Bangalore Urban
State Karnataka
Pincode 560064
Country IN
Address Kotak mahindra bank limited ground floor no.687, mig, sector ‘a’ yelahanka new town, new 3rd stage extension, bangalore -560064
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 0 for Yelahanka New Town Branch Bangalore 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 0 of Kotak Mahindra Bank, Yelahanka New Town Branch Bangalore branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Yelahanka New Town Branch Bangalore 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 -

>>Yelahanka New Town Branch Bangalore

MICR code for Kotak Bank Yelahanka New Town Branch Bangalore

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 Yelahanka New Town Branch Bangalore 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. 0 is the MICR code of Kotak Bank for Yelahanka New Town Branch Bangalore branch. MICR code for Yelahanka New Town Branch Bangalore 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 Yelahanka New Town Branch Bangalore is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Yelahanka New Town Branch Bangalore branch in yelahanka

The MICR code 0 is used in RBI cheque clearing process to identify the branch Yelahanka New Town Branch Bangalore 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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