Bank Of Maharashtra Bidhannagar North 24 Parganas West Bengal MICR CODE

Find MICR Codes for Bank Of Maharashtra Bidhannagar North 24 Parganas West Bengal

Bank
State
District
City
Branch
Address

MICR Code	700014016
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	Bidhan Nagar Kolkata
Contact	Mr. P Ghosh
Bank Details	Bank Of Maharashtra Bidhan Nagar Kolkata MAHB0001272

Location	Bidhannagar, North 24 Parganas
City	Bidhannagar
District	North 24 Parganas
State	West Bengal
Pincode	700106
Country	IN
Address	Fc-127, sector -3 , saltlake, kolkata-700106

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 700014016 for Bidhan Nagar Kolkata 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 700014016 of Maharashtra Bank, Bidhan Nagar Kolkata branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Bidhan Nagar Kolkata branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of Maharashtra are available with micr code -

>>Bidhan Nagar Kolkata >>Saltlake

MICR code for Bank Of Maharashtra Bidhan Nagar Kolkata

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 Bidhan Nagar Kolkata 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. 700014016 is the MICR code of Mahabank for Bidhan Nagar Kolkata branch. MICR code for Bidhan Nagar Kolkata 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 Bidhan Nagar Kolkata is presented in the table alongside.

Use of Maharashtra Bank MICR code for Bidhan Nagar Kolkata branch in bidhannagar

The MICR code 700014016 is used in RBI cheque clearing process to identify the branch Bidhan Nagar Kolkata 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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