Bank Of Maharashtra Ahmedabad Ahmedabad Gujarat MICR CODE

Find MICR Codes for Bank Of Maharashtra Ahmedabad Ahmedabad Gujarat

MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vatva
Contact 91-6357304664
Bank Details Bank Of Maharashtra Vatva MAHB0002654
Location Ahmedabad, Ahmedabad
City Ahmedabad
District Ahmedabad
State Gujarat
Pincode 382405
Country IN
Address Shop no 1 - 5, pratham paradise, opposite omkar hill, karanavati appartment, lambha vatva road, vatva, district - ahmedabad, gujarat - 382405
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 Vatva 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, Vatva branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Vatva branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Maharashtra Vatva

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 Vatva 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 Vatva branch. MICR code for Vatva 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 Vatva is presented in the table alongside.

Use of Maharashtra Bank MICR code for Vatva branch in ahmedabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Vatva 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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