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Bank Of Maharashtra Jaipur Jaipur Rajasthan MICR CODE

Find MICR Codes for Bank Of Maharashtra Jaipur Jaipur Rajasthan

MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch M.I. Road Jaipur
Contact Mr S P Mohanty (Cm) Mr. H R Meena Tel No: 0141-2367050/0141-2374207/ Fax No . 0141-2376868 Email:Bom@datainfosys.Net
Bank Details Bank Of Maharashtra M.I. Road Jaipur MAHB0000389
Location Jaipur, Jaipur
City Jaipur
District Jaipur
State Rajasthan
Pincode 302001
Country IN
Address Bhagvati bhawan,mirza ismail road,jaipur 302 001
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 302014002 for M.I. Road Jaipur 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 302014002 of Maharashtra Bank, M.I. Road Jaipur branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for M.I. Road Jaipur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Maharashtra M.I. Road Jaipur

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 M.I. Road Jaipur 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. 302014002 is the MICR code of Mahabank for M.I. Road Jaipur branch. MICR code for M.I. Road Jaipur 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 M.I. Road Jaipur is presented in the table alongside.

Use of Maharashtra Bank MICR code for M.I. Road Jaipur branch in jaipur

The MICR code 302014002 is used in RBI cheque clearing process to identify the branch M.I. Road Jaipur 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.