Bank Of Maharashtra Badaun Budaun Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Maharashtra Badaun Budaun Uttar Pradesh

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MICR Code	243014202
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	Badaun
Contact	0583-2220234
Bank Details	Bank Of Maharashtra Badaun MAHB0001748

Location	Badaun, Budaun
City	Badaun
District	Budaun
State	Uttar Pradesh
Pincode	243601
Country	IN
Address	Bank of maharashtra, indra chowk, civil lines, badaun - 243601 u.p.

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 243014202 for Badaun 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 243014202 of Maharashtra Bank, Badaun branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Badaun 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 -

>>Badaun

MICR code for Bank Of Maharashtra Badaun

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 Badaun 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. 243014202 is the MICR code of Mahabank for Badaun branch. MICR code for Badaun 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 Badaun is presented in the table alongside.

Use of Maharashtra Bank MICR code for Badaun branch in badaun

The MICR code 243014202 is used in RBI cheque clearing process to identify the branch Badaun 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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