Kotak Mahindra Bank Shri Rukhmini Sahakari Bank LTD Karjat
Shri Rukhmini Sahakari Bank LTD Karjat · Ahmednagar, Maharashtra
414881502 is the MICR code for the Shri Rukhmini Sahakari Bank LTD Karjat branch of Kotak Mahindra Bank, located in Ahmednagar, Maharashtra. 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 KKBK0SRSB02.
Bank
Kotak Mahindra Bank
Branch & Address
Shri Rukhmini Sahakari Bank LTD Karjat
Shri Rukhmini Sahakari Bank LTD Karjat A/p Bazzar & Tal Karjat, Dist. Ahmednagar, PIN 414402
Ahmednagar, Karjat, Maharashtra
Contact
+912489223750MICR Code Structure
414
City
881
Bank
502
Branch
City code 414 identifies the RBI clearing centre, bank code 881 identifies Kotak Mahindra Bank, and branch code 502 identifies this specific branch.
Online Payment Methods Supported
Other Kotak Mahindra Bank branches near Ahmednagar
Other banks in Ahmednagar, Maharashtra
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 (KKBK0SRSB02) 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 414881502 is in the middle, and your account number is on the right.