Bank Of Maharashtra Lucknow Lucknow Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Maharashtra Lucknow Lucknow Uttar Pradesh

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MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sarojini Nagar Lucknow
Contact 91-6389114703
Bank Details Bank Of Maharashtra Sarojini Nagar Lucknow MAHB0002909
Location Lucknow, Lucknow
City Lucknow
District Lucknow
State Uttar Pradesh
Pincode 226008
Country IN
Address 272, near scooter india crossing, bijnor road, sarojini nagar, dist. - lucknow, uttar pradesh - 226008
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 0 for Sarojini Nagar Lucknow 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 0 of Maharashtra Bank, Sarojini Nagar Lucknow branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Sarojini Nagar Lucknow branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Maharashtra Sarojini Nagar Lucknow

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 Sarojini Nagar Lucknow 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. 0 is the MICR code of Mahabank for Sarojini Nagar Lucknow branch. MICR code for Sarojini Nagar Lucknow 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 Sarojini Nagar Lucknow is presented in the table alongside.

Use of Maharashtra Bank MICR code for Sarojini Nagar Lucknow branch in lucknow

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sarojini Nagar Lucknow 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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