Bank Of Maharashtra Meerut Meerut Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Maharashtra Meerut Meerut 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 E K Road Meerut
Contact 0121-2641276
Bank Details Bank Of Maharashtra E K Road Meerut MAHB0001324
Location Meerut, Meerut
City Meerut
District Meerut
State Uttar Pradesh
Pincode 250001
Country IN
Address N a s college campus e k road meerut 250001
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 250014003 for E K Road Meerut 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 250014003 of Maharashtra Bank, E K Road Meerut branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for E K Road Meerut branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of Maharashtra are available with micr code -

>>E K Road Meerut >>Meerut

MICR code for Bank Of Maharashtra E K Road Meerut

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 E K Road Meerut 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. 250014003 is the MICR code of Mahabank for E K Road Meerut branch. MICR code for E K Road Meerut 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 E K Road Meerut is presented in the table alongside.

Use of Maharashtra Bank MICR code for E K Road Meerut branch in meerut

The MICR code 250014003 is used in RBI cheque clearing process to identify the branch E K Road Meerut 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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