Maharashtra Gramin Bank Buldana Buldana Maharashtra MICR CODE

Find MICR Codes for Maharashtra Gramin Bank Buldana Buldana Maharashtra

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MICR Code	-NA-
Bank	Maharashtra Gramin Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Lonar
Contact	7262-7774099525
Bank Details	Maharashtra Gramin Bank Lonar MAHG0006409

Location	Buldana, Buldana
City	Buldana
District	Buldana
State	Maharashtra
Pincode	443302
Country	IN
Address	C/o mr kushal satish iratkar at jai gajanan house, loni road, ta lonar dist buldhana - 443302

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 Lonar 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 Maha Gramin Bank, Lonar branch makes the system almost error free and faster. Use of Maha Gramin Bank MICR codes for Lonar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 27 branches of Maharashtra Gramin Bank are available with micr code -

>>Andhera >>Buldhana >>Chikhali Buldhana >>Deolgaon Mahi >>Deulgaon Raja >>Dhad >>Dongaon >>Ganeshpur >>Jalgaon Jamod >>Jamod >>Jawala Shegaon >>Khamgaon >>Lonar >>Malkapurbul >>Mehkar >>Motala >>Nandura >>Narvel >>Pahurjira >>Sawana >>Shegaon >>Shelgaon Bazar >>Sindkhedraja >>Sultanpur >>Undri >>Vivekanand Nagar >>Warwat Bakal

MICR code for Maharashtra Gramin Bank Lonar

Maharashtra Gramin Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Maha Gramin Bank MICR code for Lonar 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 Maharashtra Gramin Bank for Lonar branch. MICR code for Lonar 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 Maha Gramin Bank Lonar is presented in the table alongside.

Use of Maha Gramin Bank MICR code for Lonar branch in buldana

The MICR code 0 is used in RBI cheque clearing process to identify the branch Lonar and Maha Gramin 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 Maharashtra Gramin Bank is typically in either of these two font’s: E-138 and CMC-7.

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