Bank Of Maharashtra Bidhannagar North 24 Parganas West Bengal MICR CODE

Find MICR Codes for Bank Of Maharashtra Bidhannagar North 24 Parganas West Bengal

Bank
State
District
City
Branch
Address

MICR Code	700014013
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	Saltlake
Contact	Mr. S Guha
Bank Details	Bank Of Maharashtra Saltlake MAHB0001181

Location	Bidhannagar, North 24 Parganas
City	Bidhannagar
District	North 24 Parganas
State	West Bengal
Pincode	700064
Country	IN
Address	Be-84, sector -1, saltlake , kolkata-700064

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 700014013 for Saltlake 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 700014013 of Maharashtra Bank, Saltlake branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Saltlake 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 -

>>Bidhan Nagar Kolkata >>Saltlake

MICR code for Bank Of Maharashtra Saltlake

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 Saltlake 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. 700014013 is the MICR code of Mahabank for Saltlake branch. MICR code for Saltlake 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 Saltlake is presented in the table alongside.

Use of Maharashtra Bank MICR code for Saltlake branch in bidhannagar

The MICR code 700014013 is used in RBI cheque clearing process to identify the branch Saltlake 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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