Bank Of Maharashtra Visakhapatnam Visakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Bank Of Maharashtra Visakhapatnam Visakhapatnam Andhra Pradesh

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MICR Code	-NA-
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	Kurmanapalem
Contact	91-9912012225
Bank Details	Bank Of Maharashtra Kurmanapalem MAHB0002865

Location	Visakhapatnam, Visakhapatnam
City	Visakhapatnam
District	Visakhapatnam
State	Andhra Pradesh
Pincode	530046
Country	IN
Address	31-9-4, sathavahana nagar, revenue ward - 58, visakhapatnam, dist . - visakhapatnam, andhra pradesh - 530046

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 Kurmanapalem 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, Kurmanapalem branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Kurmanapalem 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 -

>>Kurmanapalem >>Madhurwada

MICR code for Bank Of Maharashtra Kurmanapalem

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 Kurmanapalem 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 Kurmanapalem branch. MICR code for Kurmanapalem 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 Kurmanapalem is presented in the table alongside.

Use of Maharashtra Bank MICR code for Kurmanapalem branch in visakhapatnam

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kurmanapalem 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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