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Bank Of Maharashtra Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for Bank Of Maharashtra Nagpur Nagpur Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	440014007
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	Shankar Nagar Nagpur
Contact	Mr. Ghawghave
Bank Details	Bank Of Maharashtra Shankar Nagar Nagpur MAHB0000153

Location	Nagpur, Nagpur
City	Nagpur
District	Nagpur
State	Maharashtra
Pincode	440022
Country	IN
Address	16, shirish, south ambazari road, laxmi nagar, nagpur 440022

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 440014007 for Shankar Nagar Nagpur 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 440014007 of Maharashtra Bank, Shankar Nagar Nagpur branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Shankar Nagar Nagpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 31 branches of Bank Of Maharashtra are available with micr code -

>>Asset Recovery Branch >>Ayodhya Nagar Nagpur >>Bhagwan Nagar Nagpur >>Bharat Nagar Nagpur >>Butibori >>Deo Nagar Nagpur >>Dharampeth Nagpur >>Govt. Business Branch Nagpur >>Hanuman Nagar Nagpur >>Hingna I E Nagpur >>Housing Finance Branch Nagpur >>Hudkeshwar >>Itwari Nagpur >>Jaripatka Nagpur >>Karve Nagar Nagpur >>Mahal Nagpur >>Mid Corporate Br. Nagpur >>Mirchi Bazar Nagpur >>Nandanvan Colony Nagpur >>Narendra Nagar Nagpur >>Nmc Nagpur >>Retail Asset Branch Nagpur >>Sadar Bazar Nagpur >>Sahakarnagar Nagpur >>Service Branch Nagpur >>Shankar Nagar Nagpur >>Sitabuldi Nagpur >>Vca Stadium Nagpur >>Vidc Nagpur >>Wardhman Nagar Nagpur >>Yashwantnagar

MICR code for Bank Of Maharashtra Shankar Nagar Nagpur

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 Shankar Nagar Nagpur 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. 440014007 is the MICR code of Mahabank for Shankar Nagar Nagpur branch. MICR code for Shankar Nagar Nagpur 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 Shankar Nagar Nagpur is presented in the table alongside.

Use of Maharashtra Bank MICR code for Shankar Nagar Nagpur branch in nagpur

The MICR code 440014007 is used in RBI cheque clearing process to identify the branch Shankar Nagar Nagpur 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.