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Bank Of Maharashtra Coimbatore Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for Bank Of Maharashtra Coimbatore Coimbatore Tamil Nadu

Bank
State
District
City
Branch
Address

MICR Code	641014003
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	Peelamedu Coimbatore
Contact	0422-2567118
Bank Details	Bank Of Maharashtra Peelamedu Coimbatore MAHB0001434

Location	Coimbatore, Coimbatore
City	Coimbatore
District	Coimbatore
State	Tamil Nadu
Pincode	641004
Country	IN
Address	Premm towers, 437, avanashi road, opp. Shanthi theatre, near suguna kalyana mandabam, peelamedu, coimbatore - 641004

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 641014003 for Peelamedu Coimbatore 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 641014003 of Maharashtra Bank, Peelamedu Coimbatore branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Peelamedu Coimbatore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Bank Of Maharashtra are available with micr code -

>>Housing Finance Branch Coimbatore >>Mid Corporate Branch Coimbatore >>Peelamedu Coimbatore >>Ram Nagar Coimbatore >>Saravanampatti >>Vadavalli

MICR code for Bank Of Maharashtra Peelamedu Coimbatore

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 Peelamedu Coimbatore 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. 641014003 is the MICR code of Mahabank for Peelamedu Coimbatore branch. MICR code for Peelamedu Coimbatore 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 Peelamedu Coimbatore is presented in the table alongside.

Use of Maharashtra Bank MICR code for Peelamedu Coimbatore branch in coimbatore

The MICR code 641014003 is used in RBI cheque clearing process to identify the branch Peelamedu Coimbatore 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.