Bank Of Maharashtra Noida Gazipur Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Maharashtra Noida Gazipur Uttar Pradesh

MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Noida Sector 51
Contact 0120-2480163
Bank Details Bank Of Maharashtra Noida Sector 51 MAHB0001420
Location Noida, Gazipur
City Noida
District Gazipur
State Uttar Pradesh
Pincode 201303
Country IN
Address A-84 sector-51, noida (up) pin 201303
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 110014047 for Noida Sector 51 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 110014047 of Maharashtra Bank, Noida Sector 51 branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Noida Sector 51 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 -

>>Noida Sector 51

MICR code for Bank Of Maharashtra Noida Sector 51

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 Noida Sector 51 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. 110014047 is the MICR code of Mahabank for Noida Sector 51 branch. MICR code for Noida Sector 51 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 Noida Sector 51 is presented in the table alongside.

Use of Maharashtra Bank MICR code for Noida Sector 51 branch in noida

The MICR code 110014047 is used in RBI cheque clearing process to identify the branch Noida Sector 51 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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