Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 402485051 belongs to Kotak Mahindra Bank, Pen Branch branch in Raigad, Maharashtra. The matching IFSC code is KKBK0001985.
How to read MICR 402485051
402: the city code. It usually follows the first digits of the area's PIN code; here it is Raigad.
485: the bank code, the same for every branch of Kotak Mahindra Bank in cheque clearing.
051: the branch code within that city and bank.
The MICR is printed in magnetic ink at the bottom of every cheque leaf, between the cheque number and your account ID. Clearing houses read it under the Cheque Truncation System (CTS) to route the cheque to the right branch. It is not needed for NEFT, RTGS, IMPS or UPI, which use the IFSC (KKBK0001985 for this branch).
Before you deposit or write a cheque
Check that the MICR on the cheque matches the branch printed at the top of the leaf.
Use a CTS-2010 cheque; older formats are no longer cleared.
Write in blue or black ink and do not overwrite on the MICR band; changes can make the cheque bounce.
Frequently asked questions
Which bank does MICR 402485051 belong to?
Kotak Mahindra Bank, Pen Branch branch (Raigad, Maharashtra).
What is the IFSC code for MICR 402485051?
KKBK0001985.
What do the digits of 402485051 mean?
402 is the city code, 485 the bank code and 051 the branch code.
