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Bank Of Maharashtra Kolkata Kolkata West Bengal MICR CODE

Find MICR Codes for Bank Of Maharashtra Kolkata Kolkata West Bengal

MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chowringhee Road Kolkata
Contact Mr. Alok Bhatia 03322832095/ 03322804200 Email : Bom376@mahabank.Co.In
Bank Details Bank Of Maharashtra Chowringhee Road Kolkata MAHB0000376
Location Kolkata, Kolkata
City Kolkata
District Kolkata
State West Bengal
Pincode 700029
Country IN
Address 60c, chowringhee road, kolkata-700029
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 700014002 for Chowringhee Road Kolkata 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 700014002 of Maharashtra Bank, Chowringhee Road Kolkata branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Chowringhee Road Kolkata branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Maharashtra Chowringhee Road Kolkata

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 Chowringhee Road Kolkata 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. 700014002 is the MICR code of Mahabank for Chowringhee Road Kolkata branch. MICR code for Chowringhee Road Kolkata 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 Chowringhee Road Kolkata is presented in the table alongside.

Use of Maharashtra Bank MICR code for Chowringhee Road Kolkata branch in kolkata

The MICR code 700014002 is used in RBI cheque clearing process to identify the branch Chowringhee Road Kolkata 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.