Bank Of Maharashtra Tiruppur Tiruppur Tamil Nadu MICR CODE

Find MICR Codes for Bank Of Maharashtra Tiruppur Tiruppur Tamil Nadu

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MICR Code
Bank Bank Of Maharashtra
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dharapuram Road Tiruppur
Contact 91-7823968558
Bank Details Bank Of Maharashtra Dharapuram Road Tiruppur MAHB0002723
Location Tiruppur, Tiruppur
City Tiruppur
District Tiruppur
State Tamil Nadu
Pincode 641608
Country IN
Address 707/a, ground floor, rathinam plaza, dharapuram road, opposite government medical college, tiruppur, dist. - tiruppur, tamil nadu - 641608
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 0 for Dharapuram Road Tiruppur 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 0 of Maharashtra Bank, Dharapuram Road Tiruppur branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Dharapuram Road Tiruppur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Bank Of Maharashtra are available with micr code -

>>Dharapuram Road Tiruppur >>Mid Corporate Branch Tiruppur >>Palladam

MICR code for Bank Of Maharashtra Dharapuram Road Tiruppur

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 Dharapuram Road Tiruppur 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. 0 is the MICR code of Mahabank for Dharapuram Road Tiruppur branch. MICR code for Dharapuram Road Tiruppur 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 Dharapuram Road Tiruppur is presented in the table alongside.

Use of Maharashtra Bank MICR code for Dharapuram Road Tiruppur branch in tiruppur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Dharapuram Road Tiruppur 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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