Kotak Mahindra Bank Lakkaram
Lakkaram · Yadadri, Telangana
508485003 is the MICR code for the Lakkaram branch of Kotak Mahindra Bank, located in Yadadri, 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 KKBK0008423.
Bank
Kotak Mahindra Bank
Branch & Address
Lakkaram
Kotak Mahindra Bank Ltd, 3-207, Survey no 194, Yadadri Bhuvanagiri, Choutuppal, Lakkaram - 508252, Telangana
Yadadri, Lakkaram, Telangana
Contact
+9118004100MICR Code Structure
508
City
485
Bank
003
Branch
City code 508 identifies the RBI clearing centre, bank code 485 identifies Kotak Mahindra Bank, and branch code 003 identifies this specific branch.
Online Payment Methods Supported
Other Kotak Mahindra Bank branches near Yadadri
Other banks in Yadadri, 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 (KKBK0008423) 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 508485003 is in the middle, and your account number is on the right.