Let Others Know
×
LinkedIn
Email
WhatsApp

Bank Of Maharashtra New Mumbai Thane Maharashtra MICR CODE

Find MICR Codes for Bank Of Maharashtra New Mumbai Thane Maharashtra

MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Airoli
Contact 022-27695278
Bank Details Bank Of Maharashtra Airoli MAHB0001283
Location New Mumbai, Thane
City New Mumbai
District Thane
State Maharashtra
Pincode 400708
Country IN
Address 105, first floor, rajkamal bldg, plot 17, sector - 3, airoli, new mumbai
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 Bank Of Maharashtra MICR Codes in thane

You can search through MICR Codes of Maharashtra branches in new mumbai of District thane 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 Bank Of Maharashtra are available with micr code -

>>Airoli

How to find MICR codes for Bank Of Maharashtra in new mumbai?

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

Maharashtra Bank MICR code in new mumbai

Bank Of Maharashtra MICR code is a character recognition technology used by banks in the processing of cheques. Maharashtra Bank MICR code for new mumbai 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 Mahabank branches in new mumbai, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

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