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Bank Of Maharashtra Surat Surat Gujarat MICR CODE

Find MICR Codes for Bank Of Maharashtra Surat Surat Gujarat

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Bank Of Maharashtra
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Ring Road Surat
Contact	Mr S S Vasava/Mr G Subhash Tel No 0261-2313634
Bank Details	Bank Of Maharashtra Ring Road Surat MAHB0000345

Location	Surat, Surat
City	Surat
District	Surat
State	Gujarat
Pincode	395002
Country	IN
Address	Vankar sangh bhavan, opp reshamwala market,surat 395 002

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 0 for Ring Road Surat 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 0 of Maharashtra Bank, Ring Road Surat branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Ring Road Surat branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Bank Of Maharashtra are available with micr code -

>>Adajan Surat >>Citylight Surat >>Dindoli >>Jahangirabad >>Ring Road Surat >>Varachha >>Vesu Surat

MICR code for Bank Of Maharashtra Ring Road Surat

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 Ring Road Surat 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. 0 is the MICR code of Mahabank for Ring Road Surat branch. MICR code for Ring Road Surat 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 Ring Road Surat is presented in the table alongside.

Use of Maharashtra Bank MICR code for Ring Road Surat branch in surat

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ring Road Surat 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.