Bank Of Maharashtra Jabalpur Jabalpur Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Maharashtra Jabalpur Jabalpur Madhya Pradesh

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MICR Code	482014007
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	Benikheda
Contact	0761-2854438
Bank Details	Bank Of Maharashtra Benikheda MAHB0001109

Location	Jabalpur, Jabalpur
City	Jabalpur
District	Jabalpur
State	Madhya Pradesh
Pincode	482002
Country	IN
Address	Timri benikheda, po-archha tehsil-patan dist-jabalpur482002

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 482014007 for Benikheda 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 482014007 of Maharashtra Bank, Benikheda branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Benikheda branch, makes the characters readable even if there are other marks and stamps on it.

A total of 14 branches of Bank Of Maharashtra are available with micr code -

>>Adhartal >>Benikheda >>Dhanpuri >>G S College Jabalpur >>Gorakhpur Jabalpur >>Jabalpur Hosp And Res Centre >>Jabalpur Main >>Lamti >>Narayanpur >>Nunsar >>Sakra >>Sanjivani Nagar Jabalpur >>Sihora >>Sukri

MICR code for Bank Of Maharashtra Benikheda

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 Benikheda 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. 482014007 is the MICR code of Mahabank for Benikheda branch. MICR code for Benikheda 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 Benikheda is presented in the table alongside.

Use of Maharashtra Bank MICR code for Benikheda branch in jabalpur

The MICR code 482014007 is used in RBI cheque clearing process to identify the branch Benikheda 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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