Bank Of Maharashtra Captainganj Basti Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Maharashtra Captainganj Basti Uttar Pradesh

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MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Captain Ganj
Contact 9453191088
Bank Details Bank Of Maharashtra Captain Ganj MAHB0001760
Location Captainganj, Basti
City Captainganj
District Basti
State Uttar Pradesh
Pincode
Country IN
Address Village-gaura, tappa-nawai, tehsil-harraiya, post-kaptanganj, distt - basti, 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 272014003 for Captain Ganj 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 272014003 of Maharashtra Bank, Captain Ganj branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Captain Ganj 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 -

>>Captain Ganj

MICR code for Bank Of Maharashtra Captain Ganj

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 Captain Ganj 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. 272014003 is the MICR code of Mahabank for Captain Ganj branch. MICR code for Captain Ganj 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 Captain Ganj is presented in the table alongside.

Use of Maharashtra Bank MICR code for Captain Ganj branch in captainganj

The MICR code 272014003 is used in RBI cheque clearing process to identify the branch Captain Ganj 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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