Bank Of Maharashtra Shahdara Delhi New Delhi MICR CODE

Find MICR Codes for Bank Of Maharashtra Shahdara Delhi New Delhi

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MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch New Delhivivek Vihar
Contact 91-8929594410
Bank Details Bank Of Maharashtra New Delhivivek Vihar MAHB0000587
Location Shahdara, Delhi
City Shahdara
District Delhi
State New Delhi
Pincode 110032
Country IN
Address C-2, vivek vihar, phase-idelhi
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 110014008 for New Delhivivek Vihar 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 110014008 of Maharashtra Bank, New Delhivivek Vihar branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for New Delhivivek Vihar 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 -

>>Dayanand Vihar Branch Delhi >>New Delhivivek Vihar

MICR code for Bank Of Maharashtra New Delhivivek Vihar

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 Delhivivek Vihar 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. 110014008 is the MICR code of Mahabank for New Delhivivek Vihar branch. MICR code for New Delhivivek Vihar 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 Delhivivek Vihar is presented in the table alongside.

Use of Maharashtra Bank MICR code for New Delhivivek Vihar branch in shahdara

The MICR code 110014008 is used in RBI cheque clearing process to identify the branch New Delhivivek Vihar 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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