Bank Of Maharashtra West Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Bank Of Maharashtra West Delhi Delhi New Delhi

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MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vikaspuri Delhi
Contact 91-8929594448
Bank Details Bank Of Maharashtra Vikaspuri Delhi MAHB0001595
Location West Delhi, Delhi
City West Delhi
District Delhi
State New Delhi
Pincode 110018
Country IN
Address A-149, vikaspuri, new delhi vikaspuri, delhivikaspuri, delhi
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 110014054 for Vikaspuri Delhi 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 110014054 of Maharashtra Bank, Vikaspuri Delhi branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Vikaspuri Delhi 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 -

>>Paschim Vihar Branch Delhi >>Vikaspuri Delhi

MICR code for Bank Of Maharashtra Vikaspuri Delhi

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 Vikaspuri Delhi 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. 110014054 is the MICR code of Mahabank for Vikaspuri Delhi branch. MICR code for Vikaspuri Delhi 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 Vikaspuri Delhi is presented in the table alongside.

Use of Maharashtra Bank MICR code for Vikaspuri Delhi branch in west delhi

The MICR code 110014054 is used in RBI cheque clearing process to identify the branch Vikaspuri Delhi 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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