Bank Of Maharashtra Lucknow Lucknow Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Maharashtra Lucknow Lucknow Uttar Pradesh

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State
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Branch
Address

MICR Code	-NA-
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	Asset Recovery Branch Lucknow
Contact	91-8657472901
Bank Details	Bank Of Maharashtra Asset Recovery Branch Lucknow MAHB0002250

Location	Lucknow, Lucknow
City	Lucknow
District	Lucknow
State	Uttar Pradesh
Pincode	226010
Country	IN
Address	1st floor, off. Uttar pradesh state sugar corporation limited, vipin khand, gomti nagar, lucknow-226010

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 Asset Recovery Branch Lucknow 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, Asset Recovery Branch Lucknow branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Asset Recovery Branch Lucknow branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of Bank Of Maharashtra are available with micr code -

>>Aliganj Lucknow >>Aminabad Lucknow >>Asset Recovery Branch Lucknow >>Chowk Lucknow >>Gomtinagar Lucknow >>Kursi Road >>Lucknow Main >>Mahanagar >>Rajnikhand >>Sarvoday Nagar >>Vikas Nagar Lucknow

MICR code for Bank Of Maharashtra Asset Recovery Branch Lucknow

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 Asset Recovery Branch Lucknow 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 Asset Recovery Branch Lucknow branch. MICR code for Asset Recovery Branch Lucknow 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 Asset Recovery Branch Lucknow is presented in the table alongside.

Use of Maharashtra Bank MICR code for Asset Recovery Branch Lucknow branch in lucknow

The MICR code 0 is used in RBI cheque clearing process to identify the branch Asset Recovery Branch Lucknow 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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