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Maharashtra Gramin Bank Nandurbar Taloda Maharashtra MICR CODE

Find MICR Codes for Maharashtra Gramin Bank Nandurbar Taloda Maharashtra

MICR Code:
Bank: Maharashtra Gramin Bank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Taloda
Contact: 233202
Bank Details: Maharashtra Gramin Bank Taloda MAHG0006004
Location: Nandurbar, Taloda
City: Nandurbar
District: Taloda
State: Maharashtra
Pincode: 425413
Country: IN
Address: At taloda tq dist nandurbar
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.

Search Maharashtra Gramin Bank MICR Codes in taloda

You can search through MICR Codes of Maharashtra branches in nandurbar of District taloda in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

Maharashtra Gramin Bank branches with micr codes are available in 1 cities-

>>Nandurbar

How to find MICR codes for Maharashtra Gramin Bank in nandurbar?

Maharashtra Gramin Bank nandurbar MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Maha Gramin Bank MICR codes list for nandurbar, one can further search by branch name specified in the table. You can find MICR codes for all Maharashtra Gramin Bank nandurbar branches.

Maha Gramin Bank MICR code in nandurbar

Maharashtra Gramin Bank MICR code is a character recognition technology used by banks in the processing of cheques. Maha Gramin Bank MICR code for nandurbar branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Maharashtra Gramin Bank branches in nandurbar, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Maharashtra Gramin Bank MICR code for nandurbar branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Maharashtra Gramin Bank nandurbar branch, sprinted 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. Thus MICR code for Maha Gramin Bank nandurbar branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Maharashtra Gramin Bank MICR codes for nandurbar branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!