MICR Code: 423485503

Bank: Kotak Mahindra Bank Limited
IFSC Code: Kkbk0001888
MICR Code: 423485503
Address: Shop No 1 &2, Ground Floor, House No 375, Mumbai - Agra Highway, Mungase 413003, Taluka : Malegaon, District : Nashik. Maharashtra.
City: Nasik
District: Malegaon
State: Maharashtra

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 423485503.

  • In this case first three codes 423 is city code and it represents city Nasik.
  • Next three characters 485 represents bank Kotak Mahindra Bank Limited.
  • Remaining characters which are 503 represents branch. In our case branch is located at address Shop No 1 &2, Ground Floor, House No 375, Mumbai - Agra Highway, Mungase 413003, Taluka : Malegaon, District : Nashik. Maharashtra..

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.