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Bank Of Maharashtra Mandhal Nagpur Maharashtra MICR CODE

Find MICR Codes for Bank Of Maharashtra Mandhal Nagpur Maharashtra

MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mandhal
Contact 7100-228326
Bank Details Bank Of Maharashtra Mandhal MAHB0000496
Location Mandhal, Nagpur
City Mandhal
District Nagpur
State Maharashtra
Pincode 441210
Country IN
Address Arora building h.n.179 mandhal,teh.kuhi-441210
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 nagpur

You can search through MICR Codes of Maharashtra branches in mandhal of District nagpur 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 -

>>Mandhal

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

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

Maharashtra Bank MICR code in mandhal

Bank Of Maharashtra MICR code is a character recognition technology used by banks in the processing of cheques. Maharashtra Bank MICR code for mandhal 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 mandhal, 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 mandhal 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 mandhal 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 mandhal branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Mahabank MICR codes for mandhal branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!