Bank Of Maharashtra Amravati Amravati Maharashtra MICR CODE

Find MICR Codes for Bank Of Maharashtra Amravati Amravati Maharashtra

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MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Arjun Nagar Amravati
Contact 9421788470
Bank Details Bank Of Maharashtra Arjun Nagar Amravati MAHB0001784
Location Amravati, Amravati
City Amravati
District Amravati
State Maharashtra
Pincode
Country IN
Address C/o j. D. Wadate, akashzep building sadashiv nagar, near water tank, arjun nagar, amravati
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 444014111 for Arjun Nagar Amravati 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 444014111 of Maharashtra Bank, Arjun Nagar Amravati branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Arjun Nagar Amravati branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Maharashtra Arjun Nagar Amravati

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 Arjun Nagar Amravati 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. 444014111 is the MICR code of Mahabank for Arjun Nagar Amravati branch. MICR code for Arjun Nagar Amravati 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 Arjun Nagar Amravati is presented in the table alongside.

Use of Maharashtra Bank MICR code for Arjun Nagar Amravati branch in amravati

The MICR code 444014111 is used in RBI cheque clearing process to identify the branch Arjun Nagar Amravati 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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