Bank Of Maharashtra Chapra Saran Bihar MICR CODE

Find MICR Codes for Bank Of Maharashtra Chapra Saran Bihar

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MICR Code	841014002
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	Chhapra
Contact	8102862592
Bank Details	Bank Of Maharashtra Chhapra MAHB0001613

Location	Chapra, Saran
City	Chapra
District	Saran
State	Bihar
Pincode	841301
Country	IN
Address	Ward no - 34, gandhi chowk (on chhapra-patna main road), near canara bank, chhapra- 841301

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 841014002 for Chhapra 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 841014002 of Maharashtra Bank, Chhapra branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Chhapra 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 -

>>Chhapra

MICR code for Bank Of Maharashtra Chhapra

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 Chhapra 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. 841014002 is the MICR code of Mahabank for Chhapra branch. MICR code for Chhapra 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 Chhapra is presented in the table alongside.

Use of Maharashtra Bank MICR code for Chhapra branch in chapra

The MICR code 841014002 is used in RBI cheque clearing process to identify the branch Chhapra 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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