Maharashtra Gramin Bank Jalgaon Pachora Maharashtra MICR CODE

Find MICR Codes for Maharashtra Gramin Bank Jalgaon Pachora Maharashtra

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MICR Code
Bank Maharashtra Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pimpalgaon Bk
Contact 257-8805616047
Bank Details Maharashtra Gramin Bank Pimpalgaon Bk MAHG0005522
Location Jalgaon, Pachora
City Jalgaon
District Pachora
State Maharashtra
Pincode 424203
Country IN
Address City survey no 2049, property no 1621, at post pimpalgaon bk (hareshwar), tq pachora, dist jalgaon, pin code 424203
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 Pimpalgaon Bk 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, Pimpalgaon Bk branch makes the system almost error free and faster. Use of Maha Gramin Bank MICR codes for Pimpalgaon Bk branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Maharashtra Gramin Bank are available with micr code -

>>Pachora >>Pimpalgaon Bk

MICR code for Maharashtra Gramin Bank Pimpalgaon Bk

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 Pimpalgaon Bk 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 Pimpalgaon Bk branch. MICR code for Pimpalgaon Bk 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 Pimpalgaon Bk is presented in the table alongside.

Use of Maha Gramin Bank MICR code for Pimpalgaon Bk branch in jalgaon

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