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Bank Of Maharashtra Lasurne Pune Maharashtra MICR CODE

Find MICR Codes for Bank Of Maharashtra Lasurne Pune Maharashtra

MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Lasurne Branch
Contact 02118-272265
Bank Details Bank Of Maharashtra Lasurne Branch MAHB0000828
Location Lasurne, Pune
City Lasurne
District Pune
State Maharashtra
Pincode 413117
Country IN
Address Grampanchayat bldg., near s.t.stand, lasurne, tal-indapur, pune-413117
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.

Search Bank Of Maharashtra MICR Codes in pune

You can search through MICR Codes of Maharashtra branches in lasurne of District pune in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Bank Of Maharashtra are available with micr code -

>>Lasurne Branch

How to find MICR codes for Bank Of Maharashtra in lasurne?

Bank Of Maharashtra lasurne MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Maharashtra Bank MICR codes list for lasurne, one can further search by branch name specified in the table. You can find MICR codes for all Bank Of Maharashtra lasurne branches.

Maharashtra Bank MICR code in lasurne

Bank Of Maharashtra MICR code is a character recognition technology used by banks in the processing of cheques. Maharashtra Bank MICR code for lasurne branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Mahabank branches in lasurne, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Mahabank MICR code for lasurne branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Bank Of Maharashtra lasurne branch, sprinted 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. Thus MICR code for Maharashtra Bank lasurne branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Mahabank MICR codes for lasurne branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!