Bank Of Maharashtra Gautam Buddha Nagar Noida Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Maharashtra Gautam Buddha Nagar Noida Uttar Pradesh

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MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Greater Noida West Sector I
Contact 91-9355088006
Bank Details Bank Of Maharashtra Greater Noida West Sector I MAHB0002733
Location Gautam Buddha Nagar, Noida
City Gautam Buddha Nagar
District Noida
State Uttar Pradesh
Pincode 201306
Country IN
Address Shop no. 2 and 3, ace divino, greater noida west sector 1, dist. Gautam buddha nagar, uttar pradesh - 201306
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 0 for Greater Noida West Sector I 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 0 of Maharashtra Bank, Greater Noida West Sector I branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Greater Noida West Sector I 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 -

>>Greater Noida West Sector I >>Noida Sector One Hundred Twenty Two

MICR code for Bank Of Maharashtra Greater Noida West Sector I

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 Greater Noida West Sector I 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. 0 is the MICR code of Mahabank for Greater Noida West Sector I branch. MICR code for Greater Noida West Sector I 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 Greater Noida West Sector I is presented in the table alongside.

Use of Maharashtra Bank MICR code for Greater Noida West Sector I branch in gautam buddha nagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Greater Noida West Sector I 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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