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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.

How does MICR code 425570509 for Taloda 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 425570509 of Maha Gramin Bank, Taloda branch makes the system almost error free and faster. Use of Maha Gramin Bank MICR codes for Taloda branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Taloda

MICR code for Maharashtra Gramin Bank Taloda

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 Taloda 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. 425570509 is the MICR code of Maharashtra Gramin Bank for Taloda branch. MICR code for Taloda 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 Taloda is presented in the table alongside.

Use of Maha Gramin Bank MICR code for Taloda branch in nandurbar

The MICR code 425570509 is used in RBI cheque clearing process to identify the branch Taloda 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.