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Bank Of Maharashtra Punjab MICR CODE

Find MICR Codes for Bank Of Maharashtra Punjab

MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ludhiana
Contact Sh. P. S Lamba
Bank Details Bank Of Maharashtra Ludhiana MAHB0000382
Location Ludhiana, Ludhiana
City Ludhiana
District Ludhiana
State Punjab
Pincode 141001
Country IN
Address Link road, near dhuri phatak, ludhiana
MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jallandhar
Contact Shiv Kumar Rikhi
Bank Details Bank Of Maharashtra Jallandhar MAHB0000438
Location Jalandhar, Jalandhar
City Jalandhar
District Jalandhar
State Punjab
Pincode 144001
Country IN
Address 34,g.t.road near bus stand , jallandhar -144001
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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 Punjab

You can search through MICR Codes of Bank Of Maharashtra in Punjab State! Reserve Bank of India publishes updated MICR Codes for Maharashtra Bank from time to time on their website, and we are doing our best in updating information of Mahabank MICR Codes.

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

MICR codes for Bank Of Maharashtra in Punjab are given in the table alongside. Address, contact numbers and other details are also provided along with the MICR code. Narrow down your search either by selecting any particular district from the drop down list or by selecting the district from Maharashtra Bank MICR codes list given on the right side. One can find MICR codes for all Mahabank branches in Punjab here.

Maharashtra Bank MICR code in Punjab

Bank Of Maharashtra MICR code in Punjab state is a standard 9 digit code printed on cheques using a special type of ink. This ink or toner is magnetic and contains iron oxide. Maharashtra Bank MICR number includes the document type indicator, bank code, cheque number, etc. This code is used to identify bank and account information to which the cheque belongs. The main purpose of Mahabank MICR code for Punjab branches is to make clearance process of cheques faster and without errors.

Why is Maharashtra Bank MICR code for Punjab branches used for clearing of cheques?

The Maharashtra Bank MICR code for Punjab branches allows the cheque information to be read automatically by passing it before an MICR reader. Each character produces a specific pattern which can be easily identified. Bank Of Maharashtra Punjab MICR code uses typically either of these two fonts E-138 and CMC-7. The MICR technology makes the characters legible even if they are obscured by stamps and signatures. This code is used By RBI (Reserve bank Of India) in clearing process to identify the branch and bank. The principal purpose of Mahabank MICR code for Punjab branches is to print accounting and routing information on cheques and other documents in a machine readable format in order to speed up the clearing process.