Let Others Know
×
LinkedIn
Email
WhatsApp

Maharashtra State Co Op Bank Osmanabad Osmanabad Maharashtra MICR CODE

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

MICR Code
Bank Maharashtra State Co-Op Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Osamanabad
Contact
Bank Details Maharashtra State Co-Op Bank Osamanabad MSCI0082046
Location Osmanabad, Osmanabad
City Osmanabad
District Osmanabad
State Maharashtra
Pincode 413501
Country IN
Address Survey no 1, plot no 1, barshi naka,jijau chowk , osmanabad-413501
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 State Co Op Bank MICR Codes in osmanabad

You can search through MICR Codes of Maharashtra branches in osmanabad of District osmanabad 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 State Co-Op Bank are available with micr code -

>>Osamanabad

How to find MICR codes for Maharashtra State Co Op Bank in osmanabad?

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

Maharashtra State Co Operative Bank MICR code in osmanabad

Maharashtra State Co Op Bank MICR code is a character recognition technology used by banks in the processing of cheques. Maharashtra State Co Operative Bank MICR code for osmanabad 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 State Co Op Bank branches in osmanabad, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Maharashtra State Co Op Bank MICR code for osmanabad 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 State Co Op Bank osmanabad 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 Maharashtra State Co Operative Bank osmanabad branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Maharashtra State Co Op Bank MICR codes for osmanabad branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!