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Bank Of Maharashtra Ahmedabad Ahmedabad Gujarat MICR CODE

Find MICR Codes for Bank Of Maharashtra Ahmedabad Ahmedabad Gujarat

MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ambavadi Ahmedabad
Contact Ramesh Pahurkar
Bank Details Bank Of Maharashtra Ambavadi Ahmedabad MAHB0000971
Location Ahmedabad, Ahmedabad
City Ahmedabad
District Ahmedabad
State Gujarat
Pincode
Country IN
Address Land mark aptt.opp ahmedabad stock exchange - 3800015
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 380014010 for Ambavadi Ahmedabad 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 380014010 of Maharashtra Bank, Ambavadi Ahmedabad branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Ambavadi Ahmedabad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Maharashtra Ambavadi Ahmedabad

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 Ambavadi Ahmedabad 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. 380014010 is the MICR code of Mahabank for Ambavadi Ahmedabad branch. MICR code for Ambavadi Ahmedabad 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 Ambavadi Ahmedabad is presented in the table alongside.

Use of Maharashtra Bank MICR code for Ambavadi Ahmedabad branch in ahmedabad

The MICR code 380014010 is used in RBI cheque clearing process to identify the branch Ambavadi Ahmedabad 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.