| MICR CODE | 415485501 |
|---|---|
| Bank | Kotak Mahindra Bank Limited |
| Branch | Avashi Branch Lote Parshuram Industrial Area |
| IFSC Code | IFSC Code Kotak Mahindra Bank Limited |
| Address | Plot No. Pap 34, Lote Parshuram Industrial Area, At Post : Avashi, Pin : 415722, Taluka : Khed, District : Ratnagiri. Maharashtra. |
| City | Khed |
| State | Maharashtra |
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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).