Bank Of Maharashtra Bharuch Bharuch Gujarat MICR CODE

Find MICR Codes for Bank Of Maharashtra Bharuch Bharuch Gujarat

MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bharuch
Contact 02642-225105
Bank Details Bank Of Maharashtra Bharuch MAHB0001538
Location Bharuch, Bharuch
City Bharuch
District Bharuch
State Gujarat
Pincode 392001
Country IN
Address Sheth house maktampur road kasak, bharuch 392001
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 392014001 for Bharuch 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 392014001 of Maharashtra Bank, Bharuch branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Bharuch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Of Maharashtra are available with micr code -

>>Bharuch

MICR code for Bank Of Maharashtra Bharuch

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 Bharuch 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. 392014001 is the MICR code of Mahabank for Bharuch branch. MICR code for Bharuch 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 Bharuch is presented in the table alongside.

Use of Maharashtra Bank MICR code for Bharuch branch in bharuch

The MICR code 392014001 is used in RBI cheque clearing process to identify the branch Bharuch 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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