Bank Of Maharashtra Sehore Ashta Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Maharashtra Sehore Ashta Madhya Pradesh

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MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ashta Sehore
Contact 91-7880132095
Bank Details Bank Of Maharashtra Ashta Sehore MAHB0002671
Location Sehore, Ashta
City Sehore
District Ashta
State Madhya Pradesh
Pincode 466116
Country IN
Address Survey no. 118/3, village-kajilkhedi, shujalpur road bypass, tehsil-ashta, district-sehore, madhya pradesh-466116
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 Ashta Sehore 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, Ashta Sehore branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Ashta Sehore 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 -

>>Ashta Sehore

MICR code for Bank Of Maharashtra Ashta Sehore

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 Ashta Sehore 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 Ashta Sehore branch. MICR code for Ashta Sehore 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 Ashta Sehore is presented in the table alongside.

Use of Maharashtra Bank MICR code for Ashta Sehore branch in sehore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ashta Sehore 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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