Kotak Bank Zirakpur Kapurthala Punjab MICR CODE

Find MICR Codes for Kotak Bank Zirakpur Kapurthala Punjab

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MICR Code
Bank Kotak Mahindra Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Zirakpur Kalghidhar Enclave
Contact (01762) 662866
Bank Details Kotak Mahindra Bank Zirakpur Kalghidhar Enclave KKBK0000257
Location Zirakpur, Kapurthala
City Zirakpur
District Kapurthala
State Punjab
Pincode 144601
Country IN
Address Kotak mahindra bank ltd, ground floor & first floor, sco 24, kalghidhar enclave, baltana, zirakpur-140603, punjab, india
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 160485004 for Zirakpur Kalghidhar Enclave 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 160485004 of Kotak Mahindra Bank, Zirakpur Kalghidhar Enclave branch makes the system almost error free and faster. Use of Kotak Mahindra Bank MICR codes for Zirakpur Kalghidhar Enclave 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 -

>>Zirakpur Kalghidhar Enclave

MICR code for Kotak Bank Zirakpur Kalghidhar Enclave

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 Zirakpur Kalghidhar Enclave 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. 160485004 is the MICR code of Kotak Bank for Zirakpur Kalghidhar Enclave branch. MICR code for Zirakpur Kalghidhar Enclave 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 Zirakpur Kalghidhar Enclave is presented in the table alongside.

Use of Kotak Mahindra Bank MICR code for Zirakpur Kalghidhar Enclave branch in zirakpur

The MICR code 160485004 is used in RBI cheque clearing process to identify the branch Zirakpur Kalghidhar Enclave 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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