Let Others Know
×
LinkedIn
Email
WhatsApp

Maharashtra Gramin Bank Pune Sanaswadi Maharashtra MICR CODE

Find MICR Codes for Maharashtra Gramin Bank Pune Sanaswadi Maharashtra

MICR Code
Bank Maharashtra Gramin Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sanaswadi
Contact 253570
Bank Details Maharashtra Gramin Bank Sanaswadi MAHG0004602
Location Pune, Sanaswadi
City Pune
District Sanaswadi
State Maharashtra
Pincode
Country IN
Address At sanaswadi tq shirur dist pune
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 sanaswadi

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

A total of 1 branches of Maharashtra Gramin Bank are available with micr code -

>>Sanaswadi

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

Maharashtra Gramin Bank pune 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 pune, one can further search by branch name specified in the table. You can find MICR codes for all Maharashtra Gramin Bank pune branches.

Maha Gramin Bank MICR code in pune

Maharashtra Gramin Bank MICR code is a character recognition technology used by banks in the processing of cheques. Maha Gramin Bank MICR code for pune 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 pune, 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 pune 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 pune 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 pune branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Maharashtra Gramin Bank MICR codes for pune branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!