Bank Of Maharashtra Jaipur Jaipur Rajasthan MICR CODE

Find MICR Codes for Bank Of Maharashtra Jaipur Jaipur Rajasthan

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MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch C Scheme Jaipur
Contact 8890082657
Bank Details Bank Of Maharashtra C Scheme Jaipur MAHB0001710
Location Jaipur, Jaipur
City Jaipur
District Jaipur
State Rajasthan
Pincode 302001
Country IN
Address Bank of maharashtra, k.j city tower, ashok marg, c-scheme, jaipur-302001
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 302014012 for C Scheme Jaipur 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 302014012 of Maharashtra Bank, C Scheme Jaipur branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for C Scheme Jaipur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Maharashtra C Scheme Jaipur

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 C Scheme Jaipur 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. 302014012 is the MICR code of Mahabank for C Scheme Jaipur branch. MICR code for C Scheme Jaipur 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 C Scheme Jaipur is presented in the table alongside.

Use of Maharashtra Bank MICR code for C Scheme Jaipur branch in jaipur

The MICR code 302014012 is used in RBI cheque clearing process to identify the branch C Scheme Jaipur 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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