KOTAK MAHINDRA BANK LIMITED SHIVARE IFSC CODE Quick Search

IFSC Code

MICR Code

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What is KOTAK MAHINDRA BANK LIMITED SHIVARE ifsc code

IFSC Code (The Indian Financial System Code) is an alphanumeric code which is used to transfer electronic funds in India.

KOTAK MAHINDRA BANK LIMITED SHIVARE ifsc code is a Unique code which identifies each bank branch. The main purpose of IFSC Code is to participate each bank branch in the two main payment and settlement systems in India.

1) RTGS : Real Time Gross Settlement
2) NEFT : National Electronic Fund Transfer

KOTAK MAHINDRA BANK LIMITED SHIVARE ifsc code Format:

The IFSC Code is an 11-characters code. First four alphabetic characters ( position 1 to 4) represents BankName and Last Six charactes ( Position from 6-11) which can be alphanumeric represents Bank Branch. The fifth character is 0 (zero) which is reserved for future use.

1 2 3 4 5 6 7 8 9 10 11
Bank Code 0 Branch Code

For Example :

KOTAK MAHINDRA BANK LIMITED SHIVARE ifsc code : KKBK0001894 is 11 digit Unique IFSC Code.

First 4 characters represents Bank Code : KKBK for Bank : KOTAK MAHINDRA BANK LIMITED

5th character is Zero and it is reserved for future reference

Last 6 characters represents Branch Code : 001894 for Bank Branch SHIVARE BRANCH

Anatomy of a Cheque

KOTAK MAHINDRA BANK LIMITED SHIVARE ifsc code -cheque

The above image represent cheque format which locates IFSC Code and MICR Code in Red Box

What is MICR Code for kotak mahindra bank limited shivare

MICR code for kotak mahindra bank limited shivare represents Magnetic Ink Character Recognition technology which is printed on cheques. This MICR Code is used for the identification of the cheques for faster processing.

MICR Code is a Unique code which identifies each bank branch. The main purpose of MICR Code is to participate each bank branch in an Electronic Clearing System (ECS).

Where is MICR Code for kotak mahindra bank limited shivare on Cheque:

MICR Code for kotak mahindra bank limited shivare can be found at the bottom of the cheque. As shown in above image MICR Code is shown inside Red rectangle at the bottom of the cheque.

MICR Code Format for kotak mahindra bank limited shivare :

MICR Code for kotak mahindra bank limited shivare is an 9-digit code. First three digits ( position 1 to 3) represents City Code, Next 3 Digits ( Position from 4-7) Bank Code and Last 3 Digits ( Position from 7-9) represents Branch Code.

1 2 3 4 5 6 7 8 9
City Code Bank Code Branch Code

For Example :

MICR Code for KOTAK MAHINDRA BANK LIMITED : 422485513 is 9 digit Unique MICR Code.

First 3 digits represents CityCode Code : 422 for City : SHIVARE

Middle 3 digits reprents Bank Code: 485 for Bank : KOTAK MAHINDRA BANK LIMITED

Last 3 digits represents Branch Code : 551 for Bank Branch SHIVARE BRANCH

KOTAK MAHINDRA BANK LIMITED All Branch IFSC Code List for City SHIVARE

kotak mahindra bank limited shivare branch ifsc code

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