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Bank Of Maharashtra Allahabad Allahabad Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Maharashtra Allahabad Allahabad Uttar Pradesh

MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Allahabad Main Br.
Contact Shri Suhail Akhtar 0532-2403565
Bank Details Bank Of Maharashtra Allahabad Main Br. MAHB0000500
Location Allahabad, Allahabad
City Allahabad
District Allahabad
State Uttar Pradesh
Pincode 211002
Country IN
Address 53, leader road, allahabad
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 211014002 for Allahabad Main Br. 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 211014002 of Maharashtra Bank, Allahabad Main Br. branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Allahabad Main Br. branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Allahabad Main Br. >>Civil Lines Allahabad

MICR code for Bank Of Maharashtra Allahabad Main Br.

Bank Of Maharashtra MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Maharashtra Bank MICR code for Allahabad Main Br. 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. 211014002 is the MICR code of Mahabank for Allahabad Main Br. branch. MICR code for Allahabad Main Br. 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 Bank Allahabad Main Br. is presented in the table alongside.

Use of Maharashtra Bank MICR code for Allahabad Main Br. branch in allahabad

The MICR code 211014002 is used in RBI cheque clearing process to identify the branch Allahabad Main Br. and Maharashtra 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 Mahabank is typically in either of these two font’s: E-138 and CMC-7.