Bank Of Maharashtra Mumbai Greater Bombay Maharashtra MICR CODE

Find MICR Codes for Bank Of Maharashtra Mumbai Greater Bombay Maharashtra

MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kalina Mumbai
Contact 8888821157
Bank Details Bank Of Maharashtra Kalina Mumbai MAHB0001767
Location Mumbai, Greater Bombay
City Mumbai
District Greater Bombay
State Maharashtra
Pincode 400098
Country IN
Address Grd flr, vinay bhavya complex, b wing, 159 c s t road, village kole kalyan, kalina, santacruz east, mumbai 400098
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 400014170 for Kalina Mumbai 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 400014170 of Maharashtra Bank, Kalina Mumbai branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Kalina Mumbai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Bank Of Maharashtra are available with micr code -

>>Andheri Seepz >>Ghatkopar (West) >>Kalina Mumbai >>Kandivali East >>Kandivali Link Road >>Neft Routing Branch >>Shg Branch Mumbai

MICR code for Bank Of Maharashtra Kalina Mumbai

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 Kalina Mumbai 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. 400014170 is the MICR code of Mahabank for Kalina Mumbai branch. MICR code for Kalina Mumbai 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 Kalina Mumbai is presented in the table alongside.

Use of Maharashtra Bank MICR code for Kalina Mumbai branch in mumbai

The MICR code 400014170 is used in RBI cheque clearing process to identify the branch Kalina Mumbai 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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