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Bank Of Maharashtra Bhubaneswar Khurda Orissa MICR CODE

Find MICR Codes for Bank Of Maharashtra Bhubaneswar Khurda Orissa

Bank
State
District
City
Branch
Address

MICR Code	751014002
Bank	Bank Of Maharashtra
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bhubaneswar
Contact	Mr. A.S Petkar 0674-2564018 Bom1182@mahabank.Co.In
Bank Details	Bank Of Maharashtra Bhubaneswar MAHB0001182

Location	Bhubaneswar, Khurda
City	Bhubaneswar
District	Khurda
State	Orissa
Pincode	751012
Country	IN
Address	Plot no-426/2260, near n.h-5, n.b tower, nayapally,bhubaneswar, pin-751012

Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 751014002 for Bhubaneswar branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 751014002 of Maharashtra Bank, Bhubaneswar branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Bhubaneswar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of Maharashtra are available with micr code -

>>Bhubaneswar >>Sahid Nagar

MICR code for Bank Of Maharashtra Bhubaneswar

Bank Of Maharashtra MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Maharashtra Bank MICR code for Bhubaneswar is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 751014002 is the MICR code of Mahabank for Bhubaneswar branch. MICR code for Bhubaneswar branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Maharashtra Bank Bhubaneswar is presented in the table alongside.

Use of Maharashtra Bank MICR code for Bhubaneswar branch in bhubaneswar

The MICR code 751014002 is used in RBI cheque clearing process to identify the branch Bhubaneswar and Maharashtra Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Mahabank is typically in either of these two font’s: E-138 and CMC-7.