Bank Of Maharashtra Pune Pune Maharashtra MICR CODE

Find MICR Codes for Bank Of Maharashtra Pune Pune Maharashtra

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MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Agri Hi Tech Pune
Contact Kapgate H G , Shinde S M
Bank Details Bank Of Maharashtra Agri Hi Tech Pune MAHB0001142
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411030
Country IN
Address Mangal murti complex 117- a/2 sinhagad road pune - 411030
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 411014078 for Agri Hi Tech Pune 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 411014078 of Maharashtra Bank, Agri Hi Tech Pune branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Agri Hi Tech Pune branch, makes the characters readable even if there are other marks and stamps on it.

A total of 164 branches of Bank Of Maharashtra are available with micr code -

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MICR code for Bank Of Maharashtra Agri Hi Tech Pune

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 Agri Hi Tech Pune 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. 411014078 is the MICR code of Mahabank for Agri Hi Tech Pune branch. MICR code for Agri Hi Tech Pune 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 Agri Hi Tech Pune is presented in the table alongside.

Use of Maharashtra Bank MICR code for Agri Hi Tech Pune branch in pune

The MICR code 411014078 is used in RBI cheque clearing process to identify the branch Agri Hi Tech Pune 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.

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