| MICR CODE | 560485017 |
|---|---|
| Bank | Kotak Mahindra Bank Limited |
| Branch | Peenya Branch |
| IFSC Code | IFSC Code Kotak Mahindra Bank Limited |
| Address | “hotel Ujjawala International” Bearing Municipal Corporation No-v-2, Situated At 1st Phase, Peenya Industrial Estate, Near Tvs Cross, Int The Corporation Ward No.38, Bangalore-560058 |
| City | Peenya |
| State | Karnataka |
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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).