MICR Code Bank
Find MICR code for Bank Of Maharashtra Takali branches in India for NEFT and RTGS transfer

Bank Of Maharashtra Takali MICR CODE

Find MICR Codes for Bank Of Maharashtra Takali

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  1. Bank Of Maharashtra »
  2. Maharashtra »
  3. jalgaon »
  4. chalisgaon »
  5. takali (pragane)

Find MICR Codes for Bank Of Maharashtra Takali

MICR Code: -NA-
Bank: Bank Of Maharashtra
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Takali (Pragane)
Contact: 02589-251333
Bank Details: Bank Of Maharashtra Takali (Pragane) MAHB0001623
Location: Chalisgaon, Jalgaon
City: Chalisgaon
District: Jalgaon
State: Maharashtra
Pincode: 424116
Country: IN
Address: Bank of maharashtra, takali (pragane) branch , chalisgaon malegaon road, tal-chalisgaon , dist - jalgaon, pin - 424116

How does MICR code for takali 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 of Maharashtra Bank, takali branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for takali 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

>>Takali (Pragane)

MICR code for Bank Of Maharashtra takali

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

Use of Maharashtra Bank MICR code for takali branch in chalisgaon

The MICR code is used in RBI cheque clearing process to identify the branch takali 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.