Bank Of Maharashtra Bengaluru Urban Bengaluru Karnataka MICR CODE

Find MICR Codes for Bank Of Maharashtra Bengaluru Urban Bengaluru Karnataka

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MICR Code	560014008
Bank	Bank Of Maharashtra
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bangaloreshivajinagar
Contact	91-8956939457
Bank Details	Bank Of Maharashtra Bangaloreshivajinagar MAHB0000402

Location	Bengaluru Urban, Bengaluru
City	Bengaluru Urban
District	Bengaluru
State	Karnataka
Pincode	560052
Country	IN
Address	Shivajinagar, bengaluru 22, lady curzon road 560001

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 560014008 for Bangaloreshivajinagar 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 560014008 of Maharashtra Bank, Bangaloreshivajinagar branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Bangaloreshivajinagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Bank Of Maharashtra are available with micr code -

>>Bangaloremalleswaram >>Bangaloreshivajinagar >>Girinagar Banashankari >>Hebbal >>Housing Finance Branch Bengaluru >>Mid Corporate Branch Bengaluru >>Nagarbhavi >>Peenya >>Sarjapura Road

MICR code for Bank Of Maharashtra Bangaloreshivajinagar

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 Bangaloreshivajinagar 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. 560014008 is the MICR code of Mahabank for Bangaloreshivajinagar branch. MICR code for Bangaloreshivajinagar 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 Bangaloreshivajinagar is presented in the table alongside.

Use of Maharashtra Bank MICR code for Bangaloreshivajinagar branch in bengaluru urban

The MICR code 560014008 is used in RBI cheque clearing process to identify the branch Bangaloreshivajinagar 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.

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