Bank Of Maharashtra Palnadu Narsaraopet Andhra Pradesh MICR CODE

Find MICR Codes for Bank Of Maharashtra Palnadu Narsaraopet Andhra Pradesh

Bank
State
District
City
Branch
Address

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	Narsaraopet
Contact	91-9777979239
Bank Details	Bank Of Maharashtra Narsaraopet MAHB0002376

Location	Palnadu, Narsaraopet
City	Palnadu
District	Narsaraopet
State	Andhra Pradesh
Pincode	522601
Country	IN
Address	D.no.6-3-268, mallamma center, sattenapalli road, narasaraopet-522601

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

>>Narsaraopet

MICR code for Bank Of Maharashtra Narsaraopet

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

Use of Maharashtra Bank MICR code for Narsaraopet branch in palnadu

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