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Bank Of Maharashtra Brahmapur Ganjam Orissa MICR CODE

Find MICR Codes for Bank Of Maharashtra Brahmapur Ganjam Orissa

MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Berhampur
Contact 0680-2228199
Bank Details Bank Of Maharashtra Berhampur MAHB0001670
Location Brahmapur, Ganjam
City Brahmapur
District Ganjam
State Orissa
Pincode 760001
Country IN
Address Monsoon house,dharam nagar,ward no-16,berhampur,ganjam-760001 odisha
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 760014002 for Berhampur 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 760014002 of Maharashtra Bank, Berhampur branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Berhampur branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Berhampur

MICR code for Bank Of Maharashtra Berhampur

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 Berhampur 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. 760014002 is the MICR code of Mahabank for Berhampur branch. MICR code for Berhampur 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 Berhampur is presented in the table alongside.

Use of Maharashtra Bank MICR code for Berhampur branch in brahmapur

The MICR code 760014002 is used in RBI cheque clearing process to identify the branch Berhampur 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.