Bank Of Maharashtra Faridabad Faridabad Haryana MICR CODE

Find MICR Codes for Bank Of Maharashtra Faridabad Faridabad Haryana

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MICR Code	110014017
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	Faridabad
Contact	K.D.Sharma 0129-2433389 Bom365@mahabank.Co.In
Bank Details	Bank Of Maharashtra Faridabad MAHB0000365

Location	Faridabad, Faridabad
City	Faridabad
District	Faridabad
State	Haryana
Pincode	121006
Country	IN
Address	D-2 / 1-2 chowk nit, faridabad

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 110014017 for Faridabad 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 110014017 of Maharashtra Bank, Faridabad branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Faridabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Bank Of Maharashtra are available with micr code -

>>Dayal Bagh Faridabad >>Faridabad >>Greater Faridabad Branch >>Palwal

MICR code for Bank Of Maharashtra Faridabad

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 Faridabad 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. 110014017 is the MICR code of Mahabank for Faridabad branch. MICR code for Faridabad 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 Faridabad is presented in the table alongside.

Use of Maharashtra Bank MICR code for Faridabad branch in faridabad

The MICR code 110014017 is used in RBI cheque clearing process to identify the branch Faridabad 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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