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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 G C Avenue Kolkata
Contact Mr. Swapan Kumar Saha 03322113656(Fax) 03322361292 Email: Bom539@mahabank.Co.In
Bank Details Bank Of Maharashtra G C Avenue Kolkata MAHB0000539
Location Kolkata, Kolkata
City Kolkata
District Kolkata
State West Bengal
Pincode 700013
Country IN
Address Guha trust building, 7, g c avanue, kolkata-700013
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 700014004 for G C Avenue 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 700014004 of Maharashtra Bank, G C Avenue Kolkata branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for G C Avenue Kolkata branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Maharashtra G C Avenue 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 G C Avenue 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. 700014004 is the MICR code of Mahabank for G C Avenue Kolkata branch. MICR code for G C Avenue 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 G C Avenue Kolkata is presented in the table alongside.

Use of Maharashtra Bank MICR code for G C Avenue Kolkata branch in kolkata

The MICR code 700014004 is used in RBI cheque clearing process to identify the branch G C Avenue 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.