Bank Of Maharashtra Washi Thane Maharashtra MICR CODE

Find MICR Codes for Bank Of Maharashtra Washi Thane Maharashtra

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MICR Code	400014123
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	Apmc Washi
Contact	022-27888480
Bank Details	Bank Of Maharashtra Apmc Washi MAHB0001323

Location	Washi, Thane
City	Washi
District	Thane
State	Maharashtra
Pincode	400703
Country	IN
Address	Crown ware house pvt ltd .plot no 11, sector 19 c, washi, navi 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.

How does MICR code 400014123 for Apmc Washi 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 400014123 of Maharashtra Bank, Apmc Washi branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Apmc Washi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Of Maharashtra are available with micr code -

>>Apmc Washi

MICR code for Bank Of Maharashtra Apmc Washi

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 Apmc Washi 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. 400014123 is the MICR code of Mahabank for Apmc Washi branch. MICR code for Apmc Washi 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 Apmc Washi is presented in the table alongside.

Use of Maharashtra Bank MICR code for Apmc Washi branch in washi

The MICR code 400014123 is used in RBI cheque clearing process to identify the branch Apmc Washi 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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