Bank Of Maharashtra Satner Betul Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Maharashtra Satner Betul Madhya Pradesh

↻ Reload
MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Satner
Contact 07144-288824
Bank Details Bank Of Maharashtra Satner MAHB0000698
Location Satner, Betul
City Satner
District Betul
State Madhya Pradesh
Pincode 460110
Country IN
Address Satner, dist. Betul, m.p.
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.

Search Bank Of Maharashtra MICR Codes in betul

You can search through MICR Codes of Madhya Pradesh branches in satner of District betul in Madhya Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Bank Of Maharashtra are available with micr code -

>>Satner

How to find MICR codes for Bank Of Maharashtra in satner?

Bank Of Maharashtra satner MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Maharashtra Bank MICR codes list for satner, one can further search by branch name specified in the table. You can find MICR codes for all Bank Of Maharashtra satner branches.

Maharashtra Bank MICR code in satner

Bank Of Maharashtra MICR code is a character recognition technology used by banks in the processing of cheques. Maharashtra Bank MICR code for satner branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Mahabank branches in satner, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Mahabank MICR code for satner branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Bank Of Maharashtra satner branch, sprinted 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. Thus MICR code for Maharashtra Bank satner branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Mahabank MICR codes for satner branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

Copied!