Kotak Mahindra Bank The Modasa Nagarik Sahakari Bank LTD Market Yard Road
The Modasa Nagarik Sahakari Bank LTD Market Yard Road · Aravalli, Gujarat
383806053 is the MICR code for the The Modasa Nagarik Sahakari Bank LTD Market Yard Road branch of Kotak Mahindra Bank, located in Aravalli, Gujarat. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code KKBK0MNSB02.
Bank
Kotak Mahindra Bank
Branch & Address
The Modasa Nagarik Sahakari Bank LTD Market Yard Road
S.t.road Modasa-383315, District Sabarkantha, State Gujarat
Aravalli, Modasa, Gujarat
Contact
+912774242761MICR Code Structure
383
City
806
Bank
053
Branch
City code 383 identifies the RBI clearing centre, bank code 806 identifies Kotak Mahindra Bank, and branch code 053 identifies this specific branch.
Online Payment Methods Supported
Other Kotak Mahindra Bank branches near Aravalli
Other banks in Aravalli, Gujarat
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (KKBK0MNSB02) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 383806053 is in the middle, and your account number is on the right.