Maharashtra Gramin Bank Gadchiroli Gadchiroli Maharashtra MICR CODE

Find MICR Codes for Maharashtra Gramin Bank Gadchiroli Gadchiroli Maharashtra

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MICR Code
Bank Maharashtra Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mulchera
Contact 7132-8766968916
Bank Details Maharashtra Gramin Bank Mulchera MAHG0006907
Location Gadchiroli, Gadchiroli
City Gadchiroli
District Gadchiroli
State Maharashtra
Pincode 442703
Country IN
Address Allapalli road, at vivekandpur po mulchera dist gadchiroli - 442703
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 Mulchera 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, Mulchera branch makes the system almost error free and faster. Use of Maha Gramin Bank MICR codes for Mulchera branch, makes the characters readable even if there are other marks and stamps on it.

A total of 19 branches of Maharashtra Gramin Bank are available with micr code -

>>Aheri >>Allapalli >>Ankisa >>Armori >>Ashti Charmorshi >>Chamorshi >>Dhanora >>Etapalli >>Gadchiroli >>Kadholi >>Korchi >>Kunghada >>Malewada >>Mulchera >>Murumgaon >>Navegaon >>Sironcha >>Wadadha >>Wadasa Desaiganj

MICR code for Maharashtra Gramin Bank Mulchera

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

Use of Maha Gramin Bank MICR code for Mulchera branch in gadchiroli

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