Bank Of Maharashtra Bhuj Kutcch Gujarat MICR CODE

Find MICR Codes for Bank Of Maharashtra Bhuj Kutcch Gujarat

Bank
State
District
City
Branch
Address

MICR Code	370014052
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	Madhapar
Contact	02832-240188
Bank Details	Bank Of Maharashtra Madhapar MAHB0001543

Location	Bhuj, Kutcch
City	Bhuj
District	Kutcch
State	Gujarat
Pincode	370020
Country	IN
Address	Nr.gram panchayat, nava vas, madhapar, dist kutch. 370020

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 370014052 for Madhapar 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 370014052 of Maharashtra Bank, Madhapar branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Madhapar 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 -

>>Madhapar

MICR code for Bank Of Maharashtra Madhapar

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 Madhapar 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. 370014052 is the MICR code of Mahabank for Madhapar branch. MICR code for Madhapar 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 Madhapar is presented in the table alongside.

Use of Maharashtra Bank MICR code for Madhapar branch in bhuj

The MICR code 370014052 is used in RBI cheque clearing process to identify the branch Madhapar 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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