Bank Of Maharashtra Southeast Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Bank Of Maharashtra Southeast Delhi Delhi New Delhi

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MICR Code	110014015
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	New Delhikalkaji
Contact	91-8929594415
Bank Details	Bank Of Maharashtra New Delhikalkaji MAHB0000974

Location	Southeast Delhi, Delhi
City	Southeast Delhi
District	Delhi
State	New Delhi
Pincode	110019
Country	IN
Address	G-1, raj tower alaknanda shopping complex kalkaji delhi 110019

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 110014015 for New Delhikalkaji 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 110014015 of Maharashtra Bank, New Delhikalkaji branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for New Delhikalkaji branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Bank Of Maharashtra are available with micr code -

>>New Delhigreaterkailash >>New Delhikalkaji >>South Extn. New Delhi

MICR code for Bank Of Maharashtra New Delhikalkaji

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 New Delhikalkaji 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. 110014015 is the MICR code of Mahabank for New Delhikalkaji branch. MICR code for New Delhikalkaji 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 New Delhikalkaji is presented in the table alongside.

Use of Maharashtra Bank MICR code for New Delhikalkaji branch in southeast delhi

The MICR code 110014015 is used in RBI cheque clearing process to identify the branch New Delhikalkaji 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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