MICR Code: 423485102

Bank: Kotak Mahindra Bank Limited
IFSC Code: Kkbk0000699
MICR Code: 423485102
Address: Ground Floor, Savali Build, Survey No. 16/17( Part) Plot No.6, Village Soygaon, Taluka Malegaon 423203
City: Nasik
District: Nashik
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 423485102.

  • 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 102 represents branch. In our case branch is located at address Ground Floor, Savali Build, Survey No. 16/17( Part) Plot No.6, Village Soygaon, Taluka Malegaon 423203.

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.