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Maharashtra State Co Op Bank Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for Maharashtra State Co Op Bank Nagpur Nagpur Maharashtra

MICR Code
Bank Maharashtra State Co-Op Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Manewada
Contact 0712-2758412
Bank Details Maharashtra State Co-Op Bank Manewada MSCI0082060
Location Nagpur, Nagpur
City Nagpur
District Nagpur
State Maharashtra
Pincode 440024
Country IN
Address Giulmohor mange bhavan, mahalaxmi nagar -3, cement road, manewada, nagpur - 440 024.
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 440082013 for Manewada 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 440082013 of Maharashtra State Co Operative Bank, Manewada branch makes the system almost error free and faster. Use of Maharashtra State Co Operative Bank MICR codes for Manewada branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Maharashtra State Co-Op Bank are available with micr code -

>>Byramji Town >>Chhota Tajbaug >>Deonagar >>Dhantoli >>Dharampeth >>Dighori >>Manewada >>Nagpur Reginal Office Branch >>Ranapratap Nagar >>Sadar >>Sitabuldi >>Wanjari Nagar

MICR code for Maharashtra State Co Op Bank Manewada

Maharashtra State Co Op Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Maharashtra State Co Operative Bank MICR code for Manewada 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. 440082013 is the MICR code of Maharashtra State Co Op Bank for Manewada branch. MICR code for Manewada 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 Maharashtra State Co Operative Bank Manewada is presented in the table alongside.

Use of Maharashtra State Co Operative Bank MICR code for Manewada branch in nagpur

The MICR code 440082013 is used in RBI cheque clearing process to identify the branch Manewada and Maharashtra State Co Operative 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 State Co Op Bank is typically in either of these two font’s: E-138 and CMC-7.