Kotak Mahindra Bank Majidpur
Majidpur · Medchal Malkajgiri, Telangana
500485064 is the MICR code for the Majidpur branch of Kotak Mahindra Bank, located in Medchal Malkajgiri, Telangana. 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 KKBK0008409.
Bank
Kotak Mahindra Bank
Branch & Address
Majidpur
Kotak Mahindra Bank Ltd, 15, Survey No. 92, Thumkunta, Shamirpet Mandal, Majidpur - 500078. Telangana
Medchal Malkajgiri, Majidpur, Telangana
Contact
+9118004100MICR Code Structure
500
City
485
Bank
064
Branch
City code 500 identifies the RBI clearing centre, bank code 485 identifies Kotak Mahindra Bank, and branch code 064 identifies this specific branch.
Online Payment Methods Supported
Other Kotak Mahindra Bank branches near Medchal Malkajgiri
Other banks in Medchal Malkajgiri, Telangana
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 (KKBK0008409) 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 500485064 is in the middle, and your account number is on the right.