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Bharatiya Mahila Bank Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for Bharatiya Mahila Bank Nagpur Nagpur Maharashtra

MICR Code
Bank Bharatiya Mahila Bank Ltd.
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nagpur
Contact 2735518
Bank Details Bharatiya Mahila Bank Ltd. Nagpur BMBL0000057
Location Nagpur, Nagpur
City Nagpur
District Nagpur
State Maharashtra
Pincode 440008
Country IN
Address Plot no.42 lakadganj .opposite mahindra service centre, chhapru chowk c.a. Road, nagpur, maharashtra-440008
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 440733002 for Nagpur 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 440733002 of BMB, Nagpur branch makes the system almost error free and faster. Use of BMB MICR codes for Nagpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bharatiya Mahila Bank Ltd. are available with micr code -

>>Nagpur

MICR code for Bharatiya Mahila Bank Nagpur

Bharatiya Mahila Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. BMB MICR code for Nagpur 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. 440733002 is the MICR code of Bharatiya Mahila Bank for Nagpur branch. MICR code for Nagpur 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 BMB Nagpur is presented in the table alongside.

Use of BMB MICR code for Nagpur branch in nagpur

The MICR code 440733002 is used in RBI cheque clearing process to identify the branch Nagpur and BMB 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 Bharatiya Mahila Bank is typically in either of these two font’s: E-138 and CMC-7.