| MICR CODE | 505485002 |
|---|---|
| Bank | Kotak Mahindra Bank Limited |
| Branch | Alugunur Village Branch |
| IFSC Code | IFSC Code Kotak Mahindra Bank Limited |
| Address | H.no: 5-17/4, Survey No: 437/b, Ground Floor, Alugunur Village, Mandal-timmapur , Karimnagar District, Pin Code: 505469, Andhra Pradesh |
| City | Karimnagar |
| State | Andhra Pradesh |
Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.
MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).