Bank Of Maharashtra Fatehabad Fatehabad Haryana MICR CODE

Find MICR Codes for Bank Of Maharashtra Fatehabad Fatehabad Haryana

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MICR Code	125014102
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	Fatehabad
Contact	9996720737
Bank Details	Bank Of Maharashtra Fatehabad MAHB0001900

Location	Fatehabad, Fatehabad
City	Fatehabad
District	Fatehabad
State	Haryana
Pincode	125050
Country	IN
Address	Bank of maharashtra,bigher road, near timber market,opp. Fatehabad iti -125050

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 125014102 for Fatehabad 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 125014102 of Maharashtra Bank, Fatehabad branch makes the system almost error free and faster. Use of Maharashtra Bank MICR codes for Fatehabad 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 -

>>Fatehabad >>Tohana

MICR code for Bank Of Maharashtra Fatehabad

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 Fatehabad 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. 125014102 is the MICR code of Mahabank for Fatehabad branch. MICR code for Fatehabad 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 Fatehabad is presented in the table alongside.

Use of Maharashtra Bank MICR code for Fatehabad branch in fatehabad

The MICR code 125014102 is used in RBI cheque clearing process to identify the branch Fatehabad 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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